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The founders of the German daily deals site have bought back the company from Google.
The search giant has acquired German company DailyDeal for an undisclosed sum. DailyDeal operates in Germany, Austria, and Switzerland.
The location-based social network has signed deals with LivingSocial, AT&T, and other companies to offer a daily-deals service.
If check-in site can target deals based on its users' interests, its mobile and social distribution could potentially trump the e-mail lists and banner ads that daily-deals sites currently rely on.
Groupon-rival LivingSocial helps supply T-Mobile's new beta app with daily deals for Android users.
The $200 million purchase of brands4friends is designed to bolster eBay's status as an online outlet for clothing in Europe.
Still trying to find new business ventures that will help it regain its lost glory, Yahoo announces it will launch a product to aggregate the Groupons of the world.
It's new, not refurbished, and perhaps the lowest price to date on Google's flagship tablet.
Or get the 32GB model for $169. Either way, is that enough of a deal to compete with the $129 Nook HD?
The valuations of group-buying sites like Groupon have dropped precipitously owing to oversupply and lack of differentiation, says a report from CB Insights.