Groupon to buy Grouper for $15M

American grouped purchases giant Groupon is entering Israel and purchasing local coupon website Grouper, Calcalist reported Tuesday. The deal is estimated at $15 million – an impressive return for an initial investment of only tens of thousands of shekels by Grouper’s founders: Dori Hilleli, Dotan Stav and Yuval Karjevski.

The three founders are expected to receive about $4 million each. Ido Pollak, CEO of the New Media division at RGE Group, may get $1-2 million.


Readers found more information by searching for:

You might also like:

Related Posts