Groupon Soars Again, This Time After Alibaba's 5.6% Stake

  • Chinese e-commerce site is now fourth-biggest shareholder
  • Shares have surged more than 70 percent in two days of trading

What Alibaba Can Do for Groupon

Groupon Inc. surged for a second straight trading day, this time after Alibaba Group Holding Ltd. bought a 5.6 percent stake in the online marketplace, rekindling investor interest as the company moves away from its roots as a daily deals provider.

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