No. It was LivingSocial who invested $5 million on JumpOnIt, which is one of the larger group buy site. LivingSocial themselves took funding from Amazon. Scoop

No. It was LivingSocial who invested $5 million on JumpOnIt, which is one of the larger group buy site. LivingSocial themselves took funding from Amazon. Scoopon (and the guys behind Scoopon and CatchOfTheDays.com.au) also registered other domain names such as Woot.com.au and DealExtreme.com.au. So I think it's a pretty trivial squatting case.