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Old Meets New As Groupon Partners With eBay

October 25th, 2010 10:23 admin Leave a comment Go to comments

Groupon may not turn out to be the next eBay according to our own Mike Arrington, but the social buying site is on a veritable tear. Coincidentally, the latest Internet giant to partner with the ecommerce startup is … eBay.

While arguably symbolic, the deal doesn’t go as deep as one might suspect. For now, the agreement spans a co-marketing incentive whereby US-based eBay customers can sign up for Groupon deals on groupon.ebay.com and earn 5% back in eBay Bucks, the ecommerce juggernaut’s free rewards program.

Groupon is currently live in more than 100 North American markets and running nearly 200 deals per day; eBay says it will use geolocation to determine the closest deal for each user.

Source: Old Meets New As Groupon Partners With eBay

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