Looking to broaden their respective reaches, Groupon and Live Nation have huddled close in some small, dark corner of the internet to spawn GrouponLive, a new “online ticketing deals marketplace”.
Facebook’s believed to be opening the lid on Deals for the US today, which will bring Groupon-like offers and coupons like parts of Europe (and Canada) have seen. If you check out Facebook Deals’ site, it mentions that “Deals will be available soon in Atlanta, Austin, Dallas, San Diego and San Francisco.” Expect more details today. [Facebook Deals via The Next Web]
It’s something you may’ve noticed cashiers fumbling with in the past – those paper printouts you hand them when buying your cheap burrito/manicure/American Apparel leotard. So it’s understandable that Verifone wants to work with Groupon and retailers, making dedicated Groupon buttons for cash registers. [BusinessWeek via SlashGear]
Group buying deals site Jump On It must be desperate for new customers – because judging by what happened this morning on the Manly to Circular Quay Ferry, they’re certainly not afraid to Jump on weary morning commuters for email sign-ups.
An article over at The Guardian has me seriously considering something I’ve always wondered about today’s swath of web 2.0 businesses – why are they valued so much and where are the profits coming from to justify these values?
