Groupon Buys South African, Israeli and Indian Clones

Groupon is reported to have bought Twangoo, SoSasta and Grouper which is a clone of the deal website.

groupon is the leading collecting buying and discounts offerings on daily deals. Twangoo was founded by Daniel Guasco and Wayne Gosling. It offers deals and discounts and group buying services to South African cities like Bloemfontein, Durban, East London, Johannesburg, Cape Town, Pietermaritzburg, Port Elizabeth and Pretoria.

“Collective buying is in its infancy in India, Israel and SA and we see strong potential,” says Groupon president and chief operating officer Rob Solomon in a statement.

Groupon has announced the launch of Groupon India, Groupon Israel and Groupon South Africa via acquisition of daily deal sites SoSasta, Grouper and Twangoo respectively. The acquisition might be good news to Zetu and Rupu which are both competing in the Kenyan market and expects to attract a suitor like Groupon.

Groupon is reported to have 50m registered subscribers in more than 40 countries and employes more than 4 000.