Facebook’s new Deals feature is set to launch today in San Francisco, Austin, Dallas, Atlanta and San Diego. This is a feature that will compete with Groupon, where users will be able to buy a “Deal” for a certain good or service at a major discount, typically half off its retail price, then redeem it later. Users will also be able to “Like” and “Share” Deals with friends.
Any Facebook user can sign up for Deals notifications on the feature’s landing page. Users in the five test cities will be able to see and use Deals today.
Check out this Mashable post for a first glimpse of how those offers will look and function.