Home > Business, Money > Facebook launching “Facebook Deals” to rival Groupon

Facebook launching “Facebook Deals” to rival Groupon

The headline:  Facebook Deals to debut

The link:  http://content.usatoday.com/communities/technologylive/post/2011/04/facebook-deals-to-debut/1?loc=interstitialskip

The summary:  Facebook announced that it is planning to launch “Facebook Deals” starting in five markets in an attempt to compete with rival web deal site Groupon.

The reaction:  I think it’s just a matter of time before Facebook takes over the world!

This seems like a logical business move for Facebook.  Groupon has become wildly popular for its daily deals that offer 50% off or more on goods and services.  This type of service can fit very well into the Facebook business model and could be a potentially lucrative revenue source.

It’ll start in San Francisco, San Diego, Austin, Atlanta and Dallas.

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