Mashable! - Groupon & Expedia Launch Travel Deals Service

Groupon and Expedia have joined forces to create Groupon Getaways with Expedia, a new service that will broadcast travel deals.

The new service will hew closely to Groupon's existing model, in which customers have a limited time to take advantage of a deal. A press release from the two companies promises that the discounts will be "typically around 50% off retail rates found at other online travel sites." A customer buys a voucher and redeems it at a later date.

Groupon also announced Wednesday its Groupon Now location-based deals service will expand into San Francisco and New York (where it will face off with a competing service from LivingSocial).

More About: Expedia, groupon, LivingSocial

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