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eBay, Groupon Join Forces

Groupon, a fast-growing daily deal website, partners with eBay.
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NEW YORK (

TheStreet

) --

eBay

(EBAY) - Get eBay Inc. Report

announced a new partnership Monday with

Groupon

, a popular

website that sets up discount shopping deals

. Under the partnership, eBay users will find Groupon's deals throughout the site, like discounts on skin care products and restaurants.

Members of eBay's reward program who purchase the Groupon deal of the day will receive 5% of the purchase price in eBay Bucks. Groupon offers discounts with popular local businesses in over 250 markets around the U.S. and Canada. Subscribers receive e-mail alerts about the deals, which are only activated when a minimum number of people agree to buy.

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Earlier this month, Groupon also announced a partnership with communications company

Media General

(MEG)

.

eBay was down 0.93% to $27.81 in early morning trading.

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