Yahoo today launched a beta version of a daily deals channel called “Local Offers,” which will give further distribution to most of the niche’s biggest names. All told, those partners include Groupon, LivingSocial, Gilt City, BloomSpot, BuyWithMe, DealOn, Zozi, CrowdSavings, Lifebooker, FreshGuide, Scoop St, Goldstar, HomeRun, Tippr, Coupons.com, and Valpak.
“It’s a revenue share model that is mutually beneficial,” a Yahoo spokesperson explained via e-mail. “We’re testing in various areas of the home page, and you can imagine these offers appearing in other areas across Yahoo” such as Mail.
The move to aggregate deals from various platforms seems to throw cold water on a recent rumor that Yahoo may buy Groupon. By amassing such services, the Sunnyvale, CA-based Internet giant would avoid the huge cost of buying Groupon or launching its own competitor.
As it prepares for a 2017 IPO that could be the largest in the social media space since Facebook went public in 2012, all eyes are on Snapchat.
What would we do without social media?
If your responsibilities have anything to do with marketing, advertising, PR or social media, you can’t afford to be camera-shy in this day and age.
It has been a very busy year for Instagram.