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March 16, 2011 08:59 pm GMT

As Facebook Eyes Online Deals Space, Groupon Plots Facebook Ad Blitz

As I'm sure you've heard by now, Facebook is looking to shake up the social ecommerce industry with yesterday's expansion of Deals, its location-aware rewards program. The company is expected to turn Deals into a serious rival to online coupon, collective purchasing and location-based daily deal sites like Groupon and LivingSocial.We've learned that Groupon, in turn, has tapped a startup called AdParlor to exclusively manage their advertising spend on Facebook. The group buying site will let AdParlor run "tens of thousands of ad variations" on the wildly popular social networking service.

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