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Posted at 10:25 AM ET, 04/26/2011

Facebook Deals launching today

The Facebook logo is shown at Facebook headquarters in Palo Alto, Calif., May 26. (ROBERT GALBRAITH - REUTERS)
Get ready for another daily deals site. Facebook is kicking off its coupon service site in five cities on Tuesday, The New York Times reported.

Facebook Deals, the social network’s answer to sites such as Groupon and LivingSocial, will send users deals via e-mail or post them to a user’s Facebook wall, Emily White Facebook’s director for local said in the report.

Facebook currently offers deals through its Places check-in feature. The new service is less like Foursquare and more like Groupon, focused on offering coupons for events that can be done with a group of friends, such as concerts.

You will be able to buy the deals either with credit cards or with Facebook’s currency, Facebook credits. Mashable reported that each deal will have its own landing page, similar to an events page, where users can purchase and share a deal with friends.

The service is expected to launch in Atlanta, Austin, Dallas, San Diego and San Francisco, the cities Facebook has listed on it Deals homepage.

The service is launching into an increasingly crowded field of daily deals sites. Google recently announced users could sign up for its coupon service, Google Offers in New York City, the San Francisco Bay Area and Portland, Ore.

(Washington Post Co. Chairman and Chief Executive Donald E. Graham sits on Facebook’s board of directors, and the newspaper and many Post staffers use Facebook for marketing purposes.)

Related stories:

Facebook Deals makes its European debut

Google Offers will be beta testing in select markets

Google Offers coupon launch confirmed

By  |  10:25 AM ET, 04/26/2011

Tags:  Facebook, Online Shopping

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