With its mammoth collection of more than 500 million members, why wouldn’t Facebook enter the group buying world? People are already on Facebook and engaged with what their friends are doing plus group buying is the ‘it’ thing now.

So Facebook will soon begin testing its service that offers members local discounts via it’s Facebook Places when people check into local businesses. The service will start testing in Dallas, Austin, Atalanta, San Franciso and San Diego and will expand through the Deals program.

Facebook will leverage its existing sales force to source deals and will partner with a number of partners as well.

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Jason Lim

Jason is an Australian born Chinese living in Beijing, specializing in entrepreneurship, start-ups and the investment eco-system in China, especially in the tech and social area.