Group-buying daily deals Web site Groupon says revenue in 2010 hit US$760 million, up from $33 million in 2009 – a 2300 percent increase. More than a third of the latest year’s sales came from outside the US.

Group-buying daily deals Web site Groupon says revenue in 2010 hit US$760 million, up from $33 million in 2009 – a 2300 percent increase. More than a third of the latest year’s sales came from outside the US.

Groupon last month launched an Australian operation dubbed StarDeals.

The 2010 figures were revealed in an e-mail to staff from CEO Andrew Mason who added that that he hopes to achieve “billions in revenue” in 2011.

Groupon also says it is partnering with Chinese Internet giant Tencent to create a group-buying website in China.