Groupon poaches chief of goods from eBay

Heading up the discounted goods unit

Groupon is hiring former eBay executive Faisal Masud to head its discounted goods unit. Masud, who was head of global delivery experience at eBay, has already started work at Groupon. Through its new goods division, Groupon offers discounts on such products as jewellery, clothes and shoes. The offers run along with regular promotions on restaurants, beauty salons and getaways.

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