A few months ago, Google’s $6 Billion offer was roundly rejected by the object of the Internet giant’s overture: Groupon.com, a web-based local deals service who instead is preparing its own $15 Billion IPO. Fast-forward to today and Mashable has an exclusive report on Google’s attempts to compete in this important local niche.
According to the documents being leaked today, Google is preparing to beta their competing service, dubbed ‘Google Offers’ which in a similar manner to sites like LivingSocial.com, Groupon.com and an array of similar services, will offer local pre-paid offers to subscribers of the service. As of a few hours ago, it appears Google has officially validated the rumors with a prepared statement.
“Google is communicating with small businesses to enlist their support and participation in a test of a pre-paid offers/vouchers program. This initiative is part of an ongoing effort at Google to make new products, such as the recent Offer Ads beta, that connect businesses with customers in new ways. We do not have more details to share at this time, but will keep you posted.”