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eBay tests own daily deal service and Pinterest-like feature

Ebay has started testing a service called Lifestyle Deals, which offers Groupon-style daily deals in select cities such as San Francisco, Boston and New York, giving the e-commerce giant an opening into the competitive online local services market. Chicago-based Groupon’s stock dropped 4.2 percent, or 22 cents, on Wednesday, to end the day at $5.05. Ebay’s stock edged up 1.2 percent, or 54 cents …

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