Facebook to launch its Groupon rival

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Facebook is about to launch another new product — a newest competitor for Groupon, Living Social and the 40 other daily deals sites. However it could be a tough effort for the largest social network service, according to Guardian.

Rather than reading and binning a daily deals email from a service you’ve signed up to that keeps sending things that don’t interest you, Facebook knows which deals you’d like before you do. The potential is vast. The challenge will be to compose the service in a way that rivals Groupon et al for simplicity – something Facebook has not been very good at.

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