Dive Brief:

• Groupon reported its quarterly results Thursday, noting that its third-quarter sales were up 4.7% to $595.1 million, though the company still experienced a $2.58 million net loss.
• Groupon also announced that would purchase the South Korean deal company Ticket Monster Inc. from LivingSocial Inc. in a $260 million deal that includes cash and stock.
• Jason Child, Groupon’s chief financial officer, told Bloomberg that mobile usage is healthy right now, noting that 40% of its transactions for September were on mobile devices.

Dive Insight:

Groupon's mobile stat for September shouldn't come as a surprise to anyone. E-commerce is quickly becoming mobile commerce for companies across the retail and deal spaces. The Ticket Monster buy, meanwhile, shows that Groupon is serious about marking its territory internationally.