With hopes to become the best collective buying site across the Globe, Groupon has expanded its Asian territory by acquiring Malaysian group buying site, GroupsMore – one of the top group buying sites in Malaysia serving two states in the country, including Kuala Lumpur.
So. Much. Tech.
Some of the biggest names in tech are coming to TNW Conference in Amsterdam this May.
This actually isn’t the first time Groupon has acquired group buying clones in Asia. Using the principles of collective buying, Groupon offers unique discounts with popular businesses and shares them with subscribers, creating a win-win situation for both the consumers and the sellers. The group buying company has partnered with a lot of merchants worldwide with a lot of localization efforts and with this expansion, is surely set to grow more.
Rob Solomon, President of Groupon, says: “We will continue to help shape the way local merchants market themselves in every corner of the world.”
Groupon Malaysia has now joined Groupon’s global network, which offers deals to more than 50 million subscribers in 40 countries. Groupon employs more than 4,000 people worldwide.
Checkout the other Groupon sites in the region:
UbuyIbuy (Hong Kong)
Groupon Japan (Japan)
If I missed anything, kindly hit me up in the comments section. The only question now is: WHO’S NEXT?