Even the mighty Facebook is not afraid to quit when something hasn’t turned out as expected – and thus the social network has axed Facebook Deals.
Facebook launched its assault on the burgeoning Deals marketplace in November 2010, a move which may have stopped even Groupon, LivingSocial and the coupon friends in their tracks briefly, as well as the likes of Foursquare and other location-based services moving into deals sector.
Unveiled initially in a few markets in the US, Facebook Deals was then extended to users in France, UK, Germany, Canada, Italy and Spain in January this year.
Read full story at: http://www.tnooz.com/2011/08/30/news/facebook-kills-deals-product-test-after-eight-months/
