It looks like Google may be buying the increasingly popular Groupon service, which is a very cool "group-buying" coupon service that's caught fire in recent months. Experts say the Google+Groupon combo would be extremely powerful, especially since the company already earns over $50 million in revenue per month.
One possible strategy is for Google to combine their relatively new Google Places service with Groupon's local coupon/discount capabilities. This would help Google compete and maybe even beat out local review site Yelp over the long run.
Imagine being able to search for the best local thai restaurants in your neighborhood that are also offering big dining discounts. If traditionally expensive service providers like mechanics and attorneys get into running group coupon promotions through Google it could mean HUGE money savings for the end users!
OK, so now that we've convinced ourselves of the idea we sincerely do hope that Google buys Groupon this week! :)
Learn some mo': What Google Could Do With Groupon
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