Google Offers rival Groupon

Google is preparing to launch Google Offers, a competitor to Groupon. Google Offers is a new product that allows you to connect sellers and buyers through daily mailing lists of the best deals.

Google Offers works on the same principle as Groupon or LivingSocial. Users receive offers by e-mail, then within 24 hours they have the opportunity to apply for a purchase. As soon as a sufficient number of bids are collected, the proposal takes effect, and users get what they want.

Unfortunately, Google Offers will only work on Google Checkout :(

Google is actively negotiating with representatives of various business areas to increase the list of services offered.
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Let me remind you: a few months ago, Google tried to buy Groupon for $ 6 billion. Groupon refused, hoping to get $ 15 billion in IPO in the future.

The search giant obviously does not want to surrender this market without a fight. Due to brand awareness and vast resources, it can be a powerful player in this area. We will observe the development of events.

Link to the newsletter that Google sends to local businesses - PDF .

It is also known that Google will pay 80% three days after the launch of the transaction, and the remaining 20% ​​will hold for 60 days for compensation dissatisfied.