Jan 13, 2011

#BDS: American grouped purchases giant Groupon entering Israel

"Grouped purchases giant acquires Israeli company, which was established less than one year ago at total investment of tens of thousands of shekels. Grouper founders to earn some $4 million each

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."

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