ChaCha Launches Coupon Biz

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ChaCha, a Web and mobile search service that answers any and all questions from users, today launched a companion business, ChaChacoupons.com, a retail coupon service that allows consumers to access special offers online and on mobile devices.

Available initially in Indianapolis, ChaChacoupons is slated to roll out this year in Philadelphia, Phoenix, Chicago, Salt Lake City, New York and Dallas, followed by Los Angeles in early 2010.

Times are good for going into the coupon business. Coupon redemption nationally jumped 10 percent in the fourth quarter of 2008, according to Inmar, a coupon processing company.

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