Internet Business

Grupon comes to mind when I think of Internet business. If you don't know what grupon s, well, it is a website that offers daily deals on food, leisure activities and entertainment. you can access their site at www.grupon.com.sg

Grupon has gained so much popularity that Google recently offered them 6.6 billion to buy over their company, but Grupon declined. According to Forbes, grupon is the fastest growing internet business as compared to Amazon and ebay. Grupon has also recently bought over a Singaporean website called Beeconomic.com which is structured similarly to Grupon in terms of business model at 24 million from a Singaporean, Karl Chong in his late 20's.

I wished I thought of that idea!