Alibaba buys stake in Groupon

Alibaba buys stake in Groupon

Alibaba has bought 33 million shares in Groupon, giving it a 5.6% stake in the company. Groupon, which is known for its online group-buying and daily deal service, recently reported better than expected quarterly results.

Alibaba purchased the Groupon stake last year, but the move only became public as a result of a recent regulatory filing.

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KEBA is an internationally successful high-tech company with headquarters in Linz (Austria) and subsidiaries worldwide. KEBA is active in the three operative business areas: Industrial Automation, Handover Automation and Energy Automation. The company has been developing and producing for more than 50 years according to […]

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