Groupon gets a bunch of money, goes on a buying spree

The shopping site Groupon is getting big. They received nearly a billion dollars in new investment and promptly bought up three companies in India, Israel, and South Africa, who offer similar services. No word whether they got a discount for buying so many companies at once.

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John Moe is the host of Marketplace Tech Report, where he provides an insightful overview of the latest tech news.

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