Groupon purchases ideeli


USA Today: Groupon has acquired the flash sales fashion site, ideeli, to expand its apparel sector.

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USA Today: Groupon has acquired the flash sales fashion site, ideeli, to expand its apparel sector.

Groupon paid $43 million in cash for ideeli and the deal closes Monday. Ideeli will maintain its headquarters in New York and will continue to operate as a separate website.

Read more here.