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Groupon Adds Restaurant Bookings Challenging OpenTable

Groupon Inc., the biggest daily deal website, is adding an online restaurant-booking service offering discounted meals as the company seeks to bolster revenue amid waning demand for its Web-based coupons.

The service, called Groupon Reserve, will let customers use Savored.com’s reservations engine to find tables, Chicago-based Groupon said today in a statement. It’s starting in 10 cities including New York, Los Angeles, San Francisco and Washington and will expand in the U.S. and overseas by the end of 2013.