NEW YORK — Discount deals company Groupon soared the most in more than five months after raising its full-year revenue forecast, citing recent customer gains after revamping its marketing programmes.The shares jumped as much as 35% to $5.12, the biggest intraday gain since February 16, and traded at $4.92 before midday in New York. The stock had already climbed 23% this year through Wednesday.Sales will reach as high as $3.1bn this year, Groupon said on Wednesday, compared with an earlier forecast for as much as $3.05bn.As part of the turnaround plan to combat pressure from the like of Alphabet, Facebook and Google, Groupon has shut down operations around the world to focus operations in the US and Canada, reports said.It went public in 2011 and the market valuation hit $16.6bn.CEO Rich Williams has been transforming the company from a daily deal e-mail provider to an online destination for people looking for bargains. About 1.1- million new active customers from North America used ...
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