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Facebook launches deals program, rivals Groupon

Facebook is launching a deals program Tuesday in five U.S. cities, following on the popularity of Groupon and other services that offer deep discounts — for example: $50 worth of food at a local eatery for $25.

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Groupon’s $6 Billion Gambler By BARI WEISS

The 30-year-old CEO in Chicago is changing the way we buy from local businesses. And trying to make billions doing it.

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