Facebook kills daily deals business

By Lorna Brett · 1 September 2011 · Locked

Facebook Abandons Daily Deals Service

Facebook's brief foray into the daily deals market has come to an abrupt end. But what does this mean for local businesses and their online presence?

Read the full article →

Summary

Just four months after it began testing its daily deals offering, Facebook has killed the product, saying it’s learned a great deal from the exercise and will “continue to evaluate how to best serve local businesses.”

Tags: Daily deals, daily deals for business, Facebook, Facebook check-in deals, Facebook daily deals, Facebook places, group buying