Google start on Its Groupon Competitor Wednesday

Google Executive Chairman Eric Schmidt has announced that the search giant will launch its Group on competitor on Wednesday, beginning with Portland.

The news that Google is getting in to the everyday deals space is not a surprise. Google tried & failed to acquire Group on for $6 billion last year. A few months later, Mash able exclusively learned that Google was developing a Group on competitor called Google Offers.

The massive selling point for Google Offers is that it will integrate seamlessly with Google Wallet, the company is NFC-based payment method launching this summer. In lieu of printing out a coupon or bar code, done offers are put in to a user is Google Wallet, where they are automatically saved & redeemable. Finally they are going to be utilized automatically through NFC.

At the D9 Conference in Palos Verdes, Illinois, Schmidt & Stephanie Tilenius, Google is VP of commerce, demonstrated the company is new product. It is like Group on in that it provides users an everyday deal from thousands of merchant partners. Google showed off a deal for $10 worth of Floyd is coffee for $3 on stage.

Google Offers will be obtainable Wednesday in Portland & finally will roll out to New York, San Francisco & other cities in the work of the summer.
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