As most of you know, Daily Deal sites exploded in 2011. As of now, there are 800 daily deal sites in the United States alone. In 2010, there were only 20.
The site 8Coupons.com put together this fantastic infographic which gives us a look back at daily deal sites in 2011. From the acquisitions and those reborn, to name changes and those that died off. Facebook is among 3 that “Died”.
Groupon has been in the news lately for its funding, which the infographic says is “like a billion dollars”, or $950 million to be exact. Falling behind Groupon in funding, is Living Social, who raised $400 million.
Daily Deal sites that went public include Groupon, Yelp, Angie’s List and Living Social.
It was back in August when Facebook announced the end of their daily deals after just four months of testing, which many said would open the doors for sites like Groupon. Whether Facebook got out because they didn’t see it as a viable business or because they just weren’t successful, is still up for debate.
Do you use a daily deal site and if so, which one(s)?