Done deal: Facebook kills off Groupon competitor

August 27, 2011

(AP) -- Facebook is ending its Deals program, which offered the site's 750 million users discounts similar to those offered by daily deals site Groupon.

Facebook said in a statement Friday it decided to end Deals after four months of testing. The service will wind down in coming weeks. It was available only in Atlanta, Austin, Dallas, San Diego and San Francisco.

Facebook says it remains committed to serving through ads, pages and other products. And it will continue to offer "check-in deals." These lets businesses like restaurants and stores offer deals to customers who "check in" through to let their friends know where they are.

Explore further: Yelp testing 1-day sales of local coupons

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Yelp testing 1-day sales of local coupons

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(AP) -- Review website Yelp said Thursday that it is testing out "Yelp Deals" - large discounts at local businesses that site users can buy on one day only.

Discounts offered in Facebook check-in 'Deals'

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(AP) -- If you use Facebook to "check in" to your favorite restaurants or shops, you can now expect to see rewards and discounts from companies looking to drum up business and lure in loyal customers.

Google adds smartphone 'check-in' deals

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Google has added a Latitude feature that lets people using iPhones or Android-powered smartphones get rewarded for loyalty to shops or restaurants.

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