
PayPal, owned by eBay, is going head to head with Groupon and LivingSocial by unveiling a plan to offer coupons to its massive base of 103 million users. With Groupon recently having gone public and hovering a little under it’s IPO price of $25 and holding a market cap of $15B, investors see the daily deals market as a potentially lucrative one. So it’s no surprise that PayPal wants to get in the game.





Groupon, one of the largest Internet daily-deal sites, is under investigation by Britain’s competition regulator. The regulator is inspecting the possibility of unfair promotions and exaggerated savings.


