Group buying giant Groupon has continued its overseas expansion efforts, with the company acquiring three competitors in India, Israel and South Africa.
The acquisitions mean the company will now operate under its own brand within the respective countries. The move also comes after Groupon managed to raise a further $US950 million in funding.
Groupon said it has acquired SoSasta, Groupoer and Twangoo, all regarded as the leaders in their respective companies. It is understood that a site redesign will be coming for all three during the next few months.
Groupon is keen to continue expanding all over the world, following on from its success in the United States. The site has already moved into Europe, and is understood to be scouring more locations in the Middle East.
Groupon has entered the Australian market under the name Stardeals, but a legal battle with local competitor Scoopon has prevented it from entering under its own brand.
Patrick Stafford is a freelance journalist and a former deputy editor of SmartCompany.
