Groupon rose in the regular session and again in after-hours trading after the hedge fund Tiger Global disclosed it bought a 9.9 percent of the online deals company, which faces slowing revenue growth and accounting investigations. To expand, Groupon aims to establish itself as an e-commerce company selling electronic gadgets. It has also opened its first concept store in Hong Kong.
Hedge fund buys 9.9 percent stake in Groupon
November 20, 2012
Read it all, now.
Don't miss any of your favorite stories again. Read the stories that matter to you as much as you want, whenever you want when you subscribe to BostonGlobe.com.
Get full access today for just 99¢