Tuesday, August 30, 2011

Brightbridge Wealth Management Headlines: Google cuts deal for Dealmap

http://brightbridgewealthmanagement-facts.com/


Can I get a discount for some Groupon envy treatment?
Google has acquired Dealmap, a California-based startup that will fuel Mountain View’s efforts to mimic Groupon.
Launched in May 2010, Dealmap aggregates “daily deals” from hundreds of sources, and according to the company, its various services are now used by over 2 million people.
“We are impressed with what The Dealmap team has accomplished and excited to welcome them to Google,” Google said in a statement shared with various news outlets. “We’ve been thrilled with the early success of our commerce offerings, and we think they can help us build even better products and services for consumers and merchants.”
Terms of the deal were not disclosed.
Google recently rolled out its own daily deals service, Google Offers, after apparently failing in a bid to purchase Groupon, the poster child of the online daily deals services. Google Offers was first launched in Portland, and it has since expanded to New York and San Francisco. Presumably, Dealmap will be rolled into the Offers effort.

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