By: Sarah Munn

Last half of 2011 not good for many daily deal sites

Techcrunch.com reported that 798 daily deal sites went belly-up during the last six months of 2011. The information comes from a Daily Deal Media report. The data also tell us about region-specific changes in the daily deal industry. To read the Techcrunch.com article, click here.

Bank of America offers daily deals?

BankAmeriDeals are one of the latest additions to the daily deal world. Bank of America is gradually beginning to offer shopping discounts to their cardholders. This new system is said to be a way of rewarding those who do online banking. For more information, read the original Investorplace.com article.

E-commerce in Indonesia to grow

Daily Deal Media reported that “Indonesia is emerging as one of the most robustly growing e-commerce destinations in Asia and across the world.”

This comes from a combination of a few factors, says the article, including a good-sized population, more internet usage and economic growth.

The e-commerce growth in Indonesia is happening largely through Multiply.com, a top social networking site there. It has become an e-commerce brand in the country, the article says.

To read more, click here.