Comment on Groupon trims 3Q loss, revenue lags Street view

Groupon trims 3Q loss, revenue lags Street view

CHICAGO (AP) — Groupon Inc. whittled its losses during the third quarter, but weak revenue growth underscored the challenges facing the online daily deal service as it tries to morph into a more comprehensive destination for Internet bargain hunters. As part of its expansion efforts, Groupon announced Thursday that it is buying Korea-based Ticket Monster from its daily deal rival Living Social for $260 million in cash and stock.

 

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