All Things D is reporting that Foursquare and Groupon may soon team up. It would give Foursquare a nice monetary stream since it would presumably get a cut of the deals people discovered while checking in somewhere. It would give Groupon a more specific set of customers who would be more likely to get in on a particular deal. That, in turn, would mean that the participating merchants could get a higher return of investment on the deals being offered. But really, this would be all about taking on Facebook together. Facebook offers both location and deals now and this is these companies teaming up to take it on.

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow John Moe at @johnmoe