Facebook Launches Its Group Buying Service, Takes aim straight at Groupon and LivingSocial

Facebook is launching its widely anticipated group buying service called Deals today.

It was long believed that Facebook would do something like this, and it puts it in direct competition with Groupon and LivingSocial. Deals is launching in five test cities: Atlanta, Austin, Dallas, San Diego and San Francisco.

Read more: http://www.businessinsider.com/facebook-deals-launch-2011-4

Sign up @ http://www.facebook.com/deals/

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