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Amazon dives into the group buying craze

Last updated 6 years ago

In a week where Groupon tells Google that 6 Billion Dollars is not enough cash to be bought, online retail Giant Amazon steps up the interest in group buying with a $175 million dollar investment in Living Social.

Do you think it will make a difference to Groupon?  After all, #2 can still make a TON of money.  There was a time where Amazon was on the brink of extinction.  Now they are king of the hill.  Perhaps their guidance can do the same for Living Social.

http://www.webpronews.com/topnews/2010/12/03/groupon-dominates-livingsocial-in-market-share-but-now-amazons-in-the-equation

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