Social group deals develop in the US

A number of sites are springing up serving US cities where users are invited to group together to take advantage of commercial deals. They are also being encouraged to spread news of the deals across their social networks (Facebook, Twitter etc), to get more people involved to drive the cost of the offers down.

It is early days, but VC capital is being invested into these initiatives, which could affect how companies promote themselves and their services online.

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