Facebook Is Likely To Launch A New Groupbuy Feature

Facebook Is Likely To Launch A New Groupbuy Feature

According to foreign media reports, Facebook wants to add another new product into its income-generating machine.Many people predicted that Facebook will soon announce a groupbuy service at press conference in California to compete with Groupon.

The new service is based on "Facebook Deals" and also named as the same to distinguish it from a Facebook social sign service "Facebook Places Deals".which is launched in the UK in January this year and in November last year launched in U.S. The service will allow users to use the "Places" service tool to view specific areas in order to take advantage of special offers. However, since the launch of this service,it has been very little publicized.

As China discount electronics store epathchina predicted, the new service may be launched in San Francisco, San Diego, Dallas, Austin and Atlanta and other cities soon. "Facebook Deals" service is not in attendance-based, but is more like a preferential day trading service.

For reporst about Groupon, Living Social and other 40 groupbuy sites and their market value, they have not escaped from Facebook attention. according to epathchina forecast, in daily trading area the groupbuy size to 2015 is expected to reach 3.93 billion.

When possessed of the world's largest consumer data,Facebook is not interested in acquiring a service in this area. However, Facebook will announce to cooperate with smaller local companies, such as ReachLocal, Tippr and Gilt City and other companies.

It is reported that, china bulk wholesale electronics company epathchina analyst said,Facebook's advertising revenue is expected to reach 40 billion U.S. dollars to the end of this year. Facebook, at least on the surface it is reasonable that Facebook got more than 500 billion valuation. Now Facebook is to focus on the revenue side and how to make good use of its 6 million users.

However,Facebook claims that, today the launched service is a new feature of "Facebook Deals", and not a new service. Its name is "Deals Updates". Facebook said, they will provide the "Deals" product with a new feature that allows people to buy promotional products online and share these transactions with their friends on Facebook.

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