Aug 18, 2010

Groupon buys Q:pod, coupon group buying service

The largest coupon group buying service, Groupon in US, acquires a majority stake in Q:pod. Followed by acquisition of Unoh by Zynga, US leading Internet company buys Japanese startup.

Groupon accepts allocation of new shares of Q:pod and acquires over half of issued stock. The amount of investment is considered to be around $10 million.

Q:pod was founded in this June with 60 employees. Groupon plans to provide the service with Groupon brand.

Nikkei 8/18/2010 

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