Facebook Changes Is Facebook Closing Down? Facebook is closing down its Groupon style deals service after four months.
The Facebook deals service offered through its website competed with other incumbents in the space such as Groupon and Living Social. Reuters earlier reported the news.
The statement from a Facebook Spokesperson:
The Facebook deals service offered through its website competed with other incumbents in the space such as Groupon and Living Social. Reuters earlier reported the news.
The statement from a Facebook Spokesperson:
“After testing Deals for four months, we’ve decided to end our Deals product in the coming weeks. We think there is a lot of power in a social approach to driving people into local businesses. We remain committed to building products to help local businesses connect with people, like Ads, Pages, Sponsored Stories, and Check-in Deals. We’ve learned a lot from our test and we’ll continue to evaluate how to best serve local businesses.”
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