Google is set start its own offers website “Google Offers” after attempting to purchase Groupon for around 6 billion.
This image below was taken from Mashable.com and it shows the new website which is in the development stages.
It should be interesting to see what Google can do with this site, they have a huge network they can promote it via and I am sure it will be a hit.
Groupon is said to be on IPO for around 15 billion coming soon =) with over 1.3 billion of venture funding raised.