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Groupon dealing for China operations

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Deals website Groupon Inc. appears to be making preparations to start operations in China, a move that could shake up the market for group buying, The Wall Street Journal reported. Chicago-based Groupon, which opened in 2008 offering discounts for products and services from local merchants such as restaurants and nail salons, would compete in an Internet market that has more than 450 million users, more than any other country.

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