Can LivingSocial Reignite Its Once-Bright Future?

It has certainly been a rough 2013 for LivingSocial. The daily deals company had to cope with an erroneous report about its $110 million funding round, a hack of customer information and a sloppy shutdown of its local-events business. And, of course, the growing perception by many investors and consumers that daily deals companies are … Continue reading

Groupon to Acquire LivingSocial’s Ticket Monster for $260 Million; Q3 Revenue Misses

LivingSocial has its buyer for Korean subsidiary Ticket Monster: Its biggest competitor, Groupon. Groupon said it will pay at least $100 million in cash and up to $160 million in stock for Ticket Monster, known locally as TMon. AllThingsD had recently reported that LivingSocial was close to finding a buyer for the business it acquired … Continue reading

Follow

Get every new post delivered to your Inbox.

Join 99 other followers