Facebook has just launched Facebook Deals to compete with Groupon and Living Social. It’s currently only available in five test cities: Atlanta, Austin, Dallas, San Diego, and San Francisco. The companies hopes to expand the test of other cities in the future.
You can sign up to get information about deals via email or search for them online.
You can access Deals from the left side of your home page or by clicking here.
For more see this Facebook blog post.