Groupon

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Alibaba Group Holding Ltd. bought 33 million shares of Groupon Inc., making it the fourth-largest shareholder in the online deals website that has lost 86 percent of its value since going public more than four years ago.

Groupon Inc. named Rich Williams chief operating officer and said chief financial officer Jason Child will step down at the end of July.

CHICAGO, United States — As it looks to expand beyond the email daily deals business, Groupon has purchased online "flash-sale" retailer ideeli for

"What is it about Groupon, Skype, Facebook, and Amazon.com that make them all "tech" companies? None of these companies compete in the same markets.