What happens when you cross the world’s largest social network with one of the hottest business models in e-commerce? Facebook wants to find out.
Daily deal sites like Groupon and Living Social are popping up all over the place and offering deals that many consumers have trouble resisting. To avoid missing out on expiring deals, some buyers are handing over their coupons to a resale website.
Facebook will soon begin testing a service that will provide its members local discounts, a move that will put it in direct competition with daily-deals giant Groupon.
Published reports are saying that Google’s attempt to buy local-coupon site Groupon appears to have failed for now.
Google Inc. may be close to buying online discount service Groupon in a deal worth as much as $6 billion in what would be the search company’s largest acquisition ever, according to published reports.
Yahoo is turning its U.S. website into an outlet for bargain hunter Groupon and more than a dozen other similar services.