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India: Groupon acquires e-commerce portal sosasta.com

Tuesday 18 January 2011 10:01 CET | News

US-based e-commerce portal Groupon has acquired India’s e-commerce portal sosasta.com, online media outlet thehindubusinessline.com reports.

According to the same source, the portal, dubbed Groupon India, will feature new product verticals.

sosasta.com provides discount deals in eleven cities in India and intends to focus on expanding more hyper-targeted deals to subscribers, the same source has highlighted. Groupon was launched in Chicago in 2008, while sosasta.com was launched in Kolkata in 2010, the same source indicates.


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Keywords: Groupon, sosasta, e-commerce
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce