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Google Acquires Dealmap

5:16 pm on Aug 1, 2011 (gmt 0)

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Google Acquires Dealmap [blog.thedealmap.com]
We’re thrilled to announce that The Dealmap has been acquired by Google.

Since launching The Dealmap in May 2010, our team has worked to build a great product where people can find and share all the best local deals, all in one place. In our first year alone, The Dealmap grew to more than two million users of our web, mobile, social and email products, and more than 85 million monthly visitors to our partner network. The journey that has led to this outcome has been an invigorating and rewarding one, and we are very proud of the innovative products and industry “firsts” we’ve created along the way.
9:00 pm on Aug 1, 2011 (gmt 0)

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Nice acquisition of local market intelligence: Google will now have access to a significant quantity of local deals, not just the social marketing daily deals, but also restaurant, grocery and other shopping and store deals, and the huge, loyal and growing local audience that seeks out those deals.

Interestingly, a service of DealMap, which allowed users and businesses to submit deals for inclusion seems to have been immediately cancelled immediately with the acquisition by Google.

We will no longer support user and business submitted deals on our website or mobile apps. Business owners who want to submit deals to Google Offers for consideration can submit deals here [services.google.com ]

Take a look at what they are doing in your city
[thedealmap.com ]

Further refinements of Places and Local to come soon?

Use of this technology to aggregate deals in other verticals?
9:37 pm on Aug 1, 2011 (gmt 0)

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Don't miss this little lurker in Dealmap's announcement of their acquisition by Google (emphasis by poster):
For the time being, we will continue to support The Dealmap's core products and partner services. People will still be able to access local and daily deals through The Dealmap website, mobile apps, and daily email, and we’ll continue supporting The Dealmap API and feeds for existing sourcing and distribution partners. As we’re ready to share more about integration and transition plans, we’ll update our partners and consumers on progress and any news.

[blog.thedealmap.com ]

Sounds like a setup for a change in Dealmap's core service: deal aggregation.
Conjecture that Google has a scheme to use this to grown their "Offers" business?

So, if you've got a deal aggregation site, don't throw in the towel yet. You may not be the one's in Google's crosshairs.
6:21 am on Aug 15, 2011 (gmt 0)

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It's alive (in "beta", as most other Google apps) at: [google.com...]
1:41 pm on Aug 15, 2011 (gmt 0)

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I do love success stories, reminds me that , sometime, those crazy ideas actually succeed

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