Thriftslut

Groupon Joins the SA Gang Bang

Global deal-of-the-day website and collective buying pioneers, Groupon, have just acquired South African imitators Twangoo, for an undisclosed amount. Groupon appear to be monopolising the group-buying world with the recent purchases of smaller rival companies in Israel as well as India. The Bad Boys at Groupon recently rejected a US$3bn offer from Yahoo and a US$5,3bn offer from Google. Cripes!…