Last time the search giant attempted a foray into the deals space, it reportedly offered Groupon itself $6 billion for an acquisition. Groupon didn’t bite and looks to be progressing towards an IPO at a $15 billion valuation.
I’ve contacted Google for a confirmation and will update this post when they respond.
Update:Google confirms that this is indeed their Groupon clone in a statement to Search Engine Land.
“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.”

Authors: Alexia Tsotsis