Google's Groupon Competitor Goes Live - Yahoo! News: "Google Offers, the company’s long-awaited response to Groupon, has gone live with a beta program in Portland, Oregon.Google promises “50% off or more off of places you’ll love,” on a signup page, and offers six options -- Portland, Oregon; Oakland/East Bay and San Francisco, California: and downtown, midtown and uptown New York City. So far, only Portland is offering a beta version of Offers, though no deals are available at the present time.
The program has been in the works since at least January, when Mashable got hold of a fact sheet on the service. According to that document, Google Offers will look and operate much like Groupon or LivingSocial and send an email with a local deal of the day to users. Consumers then have a specific time period (likely 24 hours) to act on the deal.
Google’s service comes after the company famously tried to buy Groupon for $6 billion. Groupon rebuffed the offer and is now readying an IPO that could be as high as $25 billion.
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