we have been talking about the media deal with the washington wizards owner ted leonsis. change the focus from sports to the tech center, because you are also the chairman of groupon. it has been a bumpy ride. where do you see the actual future for groupon? the new ceo has said that the marketplace has not been quite working out. where do you see this going? >> i believed for a long time that this move to mobile would dramatically change the landscape and e-commerce, and frankly over the last 18 months, that switch really happened. groupon is well-positioned, more than half of its business and orders from around the world are being through mobile devices. we're seeing more and more real-time commerce. we have achieved to scale, we have the ability to do business in more than 700 companies, and -- 700 cities and 50 countries. the social shopping phenomenon, and this local phenomenon, still today, 80% of our consumer spending is done within 20 miles of their home base. we are seeing that for millenial's, the services that groupon offers, and not just the deal of the day, it

to ted leonsis for taking us down memory lane. " begins at the top of the hour.a preview for us. look at going to take a the upcoming midterm elections here in the united states. -- aresident president obama's coattails long enough to maintain democratic control of the senate, or will the republicans take control? i will see you at the top of the hour. >> thank you. we will be right back. ♪ >> welcome back. the so-called internet of things is a business area that many companies are trying to succeed in. the value that companies are putting on connected home companies. bringing high-tech to your front door, a new smart lock laun ched today. joining us are the cofounders. how does it work? >> good day. the smart lock. the way it works is it is a lock that allows you to access your issue keys to people using your smartphone. you can see how it installs on the door. this has the regular lock on the inside, and then on the outside is the smart lock. if you're coming from the outside, as you approached the app authenticates you, and then unlocks the door for you withou

. >> groupon chairman, ted leonsis. alibaba's pay could mean huge business for american retailers.ill talk with the alibaba u.s. president, next. ♪ >> welcome back to the best of "bloomberg west." i am emily chang. alipay is pushing further into the u.s. market. of their new service will a chinese shoppers buy things on u.s. retail websites like macy's. alipay already works with some merchants. i sat down with their united states president for an interview. i asked him to explain of the business and its relationship with alibaba. >> people use it for almost everything over the internet. they can use it to pay bills in restaurants and pay traffic tickets. it is very hard to imagine hacking into account. >> this is been considered the crown jewel of alibaba. >> it processes every transaction in alibaba. we work very closely together as if we were one team. >> they are two separate companies. >> structurally, they are two separate companies. >> you just launched and e pass. how does it work? >> we are taking a different angle. it is a business service to u.s. and european merchants so