GoogleInternet search giant Google (GOOG) is in talks with smaller group coupon-buying companies after failing to reach a deal with Groupon, The New York Post reported.

Google may be looking at coupon companies including LivingSocial and New York's BuyWithMe, The New York Post reported without naming its sources. Neither company has the scope of Groupon, which holds an 80% share of the coupon market.

Earlier this month, Groupon reportedly rejected a bid from Google reported to be worth as much as $6 billion.

David Wolfe, BuyWithMe's interim president, declined to comment to the Post on whether he was speaking to Google. Wolfe did say Google would have to enter the coupon advertising market to attract smaller retailers.

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Nora

Groupon is especially popular for consumers looking to save big bucks, and right now that is just about everyone in this country! However, there are loads of other coupon saving sites out there, so Groupon has got quite a lot of competition.

A great site to use to save is http://www.dailydealpool.com. They'll email you the best deals and sales in your area daily, ensuring you won't miss out on a great buy.

December 22 2010 at 9:15 AM Report abuse rate up rate down Reply
dave@groupdealsites.com

I think Google will get better bang for their buck if they go with a smaller Groupon clone... $6 billion was a lot even if Groupon currently is king of the world. There are lots of similar sites out there using pretty much the exact same system. LocalDealSites.com lists over 130 Groupon-like daily deal websites. http://www.localdealsites.com/

December 22 2010 at 12:45 AM Report abuse rate up rate down Reply
roryrobert123

This is not good news for Groupon. With giants like Google and Amazon joining this game, the competition will become very fierce. Another problem Groupon facing is that it's the product or services that the buyer cares the most. With the increasing number of deals offered, buyers can just visit a daily deal aggregator like http://www.shopway.com to check all the available deals easily. As a user, it makes absolutely no difference to me if I get an email from Groupon, LivingSocial, or ShopWay telling me about a deal, since I'm after the deal itself. With all of these clones coming up, Groupon's model runs the risk of becoming a commodity.

December 21 2010 at 11:26 AM Report abuse rate up rate down Reply