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Online deal finding has become a big business, with companies like Rakuten investing heavily in the cashback deal space. Major financial players like Goldman Sachs and PayPal are also acquiring coupon code sites. Digital coupons surpassed paper ones for the first time in 2020, with a significant increase in online sales during the pandemic. New customers are being generated for retailers, as more than 80% of people are actively searching for coupons and promotions since the pandemic began.