Groupon profit beats estimates

Daily coupon website Groupon’s third quarter profit beat analysts’ estimates as strong growth in North America helped offset a decline in international revenue. Groupon shares were up nearly 8 per cent in extended trading after sliding more than 10 per cent. Revenue from North America, Groupon's fastest growing region, grew 24 per cent, while revenue from Europe, Middle East and Africa fell 21 per cent in the three months ended 30 September.