Groupon, Expedia scaling back partnership

A Groupon (GRPN) spokesman tells GeekWire his company and Expedia (EXPE) are no longer co-branding discounted travel deals. The companies had been offering co-branded deals as part of an alliance formed in 2011.

The news comes as Expedia launches its own daily deals product on its site. Nonetheless, Groupon says Expedia "remains an important supply partner" for its Getaways travel deals product.

Groupon's travel revenue fell 3% Y/Y in Q1 to $41.3M. Travel gross billings amounted to $221.3M.

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