As more and more companies get into the daily-deals game, the bankers behind Groupon's IPO must be banging their heads against the wall. And now, there's one more formidable entrant to give them headaches: PayPal.
The eBay-owned payments company says it is planning on offering deals as soon as the first quarter of 2012. And, according to Bloomberg News, it is taking what could be a smart approach to the ever-popular deal genre: location- and user-habit-based offers.
PayPal has more than 100 million users, and it thinks that it can leverage what it knows about those customers to … Read more