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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read "American Idol" mulls voting tweaks to fix boy bias 20 Apr 2011 Supporters of WikiLeaks soldier heckle Obama 2:38pm EDT Dollar tumbles broadly; all-time index low in sight 3:11pm EDT Lawsuits fly in BP's Gulf spill blame game | 3:27pm EDT Archbishop praises "unpretentious" Kate and William 12:35pm EDT Discussed 97 Palin returns with feisty, anti-establishment speech 48 Budget vote shows challenge for Boehner, Obama 43 Obama private comments show fight with Republicans Watched VW unveils new sporty Beetle Mon, Apr 18 2011 Apple, AmEx, Yum top forecasts 3:38am EDT Oscar-nominated director killed in Libya 6:05pm EDT SMALL BUSINESS Entrepreneur's Edge: Instant translation on your smartphone When Otavio Good released the first video of his Word Lens translation app in use, it became a viral phenomenon. Since then he's been busy recruiting programmers to help roll it out to include more languages beyond the original Spanish. Full Article | Video New app calculates calories through photos of food Common budget mistakes for tech startups Groupon hires Google executive for No. 2 job: report Tweet Share this SAN FRANCISCO (Reuters) - Online coupon service Groupon has hired a Google Inc executive to be its new chief operating officer, filling a key slot in its management team ahead of a potential initial public offering, according to a media... Email Print Related News Cost surge under new Google CEO unnerves Street Fri, Apr 15 2011 Groupon IPO may value company at $15-$20 billion: source Thu, Apr 14 2011 UPDATE 2-Nasdaq hires investment banker Shavel as new CFO Thu, Apr 14 2011 Internet ad revenue hits high in '10 Wed, Apr 13 2011 Google seals ITA deal but antitrust review looms Mon, Apr 11 2011 Analysis & Opinion The cloud is not just about storage Dennis Berman’s ethics Related Topics Technology » Media » Stocks An online coupon sent via email from Groupon is pictured on a laptop screen November 29, 2010 in Los Angeles. Credit: Reuters/Fred Prouser SAN FRANCISCO | Thu Apr 21, 2011 3:16pm EDT SAN FRANCISCO (Reuters) - Online coupon service Groupon has hired a Google Inc executive to be its new chief operating officer, filling a key slot in its management team ahead of a potential initial public offering, according to a media report. Margo Georgiadis, vice president of global sales planning and technology at Google, will take the No. 2 job at Chicago-based Groupon, a month after the current COO said he would step down, Crain's Chicago Business said in a report on Thursday, citing a source briefed on the matter. Groupon was expected to announce the news later on Thursday, according to the report. Groupon would not comment on the matter. Nikesh Arora, Google senior vice president and chief business officer, said in an emailed statement to Reuters that he was excited that Georgiadis was joining "a terrific company and a great partner for Google." Google tried to acquire Groupon for $6 billion in December, but was rebuffed, according to a source familiar with the matter. The move comes as Google and Groupon increasingly compete for the vast local advertising market, with each company pitching their respective online marketing services to small businesses such a restaurants and nail salons. In February, Groupon hired Google's Jason Harinstein, a director on the search company's mergers and acquisitions team, to serve as its senior vice president of corporate development. Georgiadis had been with Google for two years and was based in its Chicago office. Groupon's previous COO and president, Rob Solomon, said in March that he planned to leave the company in the coming months. Groupon, which recently raised $950 million from investors including Andreessen Horowitz, Battery Ventures, Greylock Partners and Kleiner Perkins Caufield & Byers, has met with bankers to discuss a possible IPO, CEO Andrew Mason told Reuters in January. (Reporting by Alexei Oreskovic and Jennifer Saba, editing by Maureen Bavdek) Technology Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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