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Latest Trend for VCs Is Overfunding Group-Buying Start-Ups: LivingSocial Nabs...
Start-ups that offer users big discounts via socially-charged local group-buying services are getting a lot of attention these days, especially from venture firms. Today, it’s Washington, D.C.-based...
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A Deal on a Haircut? That's What Friends Are For
Last week, I went to my hair salon and paid half of what I usually spend because of a deal that I—and more than 2,000 other people—bought online two months earlier. When I bought the deal, I suggested...
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Social E-Commerce Goes Into Overdrive: LivingSocial Raises Another $14 Million
Could the social group-buying space get any frothier? Well, yes, it could. After the recent $135 million funding of Groupon that valued the Chicago start-up at upwards of an eye-popping $1 billion,...
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In 25-City Expansion, LivingSocial Tries to Play Catch-Up With Groupon
Trying to keep up with the lightning-fast expansion of social buying leader Groupon, LivingSocial announced today that it has launched in 25 new cities in the U.S., Canada and the U.K. It is now in 89...
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LivingSocial Buys Urban Escapes, As Social Discount Market Heats Up
LivingSocial, the No. 2 social local deals start-up, announced today that it has bought Urban Escapes, a social adventure company. Terms of the deal were not disclosed. LivingSocial now has about 10...
View ArticleLivingSocial's Tim O'Shaughnessy About Local Deals and Not Being Groupon!
Yesterday, before LivingSocial announced the acquisition of the social adventure company Urban Escapes, BoomTown sat down to talk with its CEO and co-founder Tim O’Shaughnessy. The entrepreneur has...
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Amazon Poised to Make a Major Strategic Investment in LivingSocial to Counter...
With the red-hot acquisition dance between Google and Groupon sucking up all the attention, it’s easy once again to ignore the No. 2 player in the fast-growing social buying space–LivingSocial. But...
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LivingSocial CEO Has Big Plans Now that Amazon Is in His Back Pocket
Groupon’s co-founder and CEO Andrew Mason has stolen the spotlight recently, by appearing on the “Today Show” and being interviewed on “Charlie Rose.” But it’s hard not to make news when you turn down...
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LivingSocial Offers Screaming Deal on One-Night Hotel Stay for $10,000!!
Group-buying site LivingSocial has kicked off a luxurious offer today, and while it is half off the retail price, it’s still not cheap. For the bargain-basement price of $10,000, you will receive a...
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Even More AsiaD Speakers: Yahoo's Yang, HTC's Wang, Samsung's Hong and More!
With AsiaD just a little over a month away, Walt Mossberg and I are adding even more speakers to the list, for what we hope will be an awesome event in Hong Kong. Taking place from Oct. 19 to 21, the...
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Final AsiaD Speakers: Apple's Phil Schiller and Former VP Al Gore
And then there was Schiller and Gore. That would be Apple’s SVP of worldwide product marketing Phil Schiller and former Vice President Al Gore, who round out the stellar list of speakers at our...
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The Globalization of D: All Things Digital Begins Now
And so our international expansion of D: All Thing Digital starts and we could not be more proud that it begins here in Hong Kong, with AsiaD. So why Asia? It seemed the most obvious choice for us, as...
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LivingSocial Dishes About Deals at AsiaD
While AllThingsD is just making its debut in Asia, LivingSocial has been on the ground for a while here, recently scooping up deal sites in Thailand, Korea and elsewhere. CEO Tim O’Shaughnessy is being...
View ArticleLivingSocial: Highlights From AsiaD (Video)
LivingSocial CEO Tim O’Shaughnessy took the stage at AsiaD today alongside the co-founders and CEO of two companies he’s recently acquired — Ticket Monster’s Daniel Shin and Ensogo Group’s Paul...
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The LivingSocial Trio Talk Asian Expansion, Groupon and More: The Full AsiaD...
We are now posting the full videos from the recent AsiaD conference, which took place in Hong Kong in October. Over the next week or so, we’re going to follow the schedule of the actual event. Up now:...
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Exclusive: LivingSocial Launches "Room Service" Food Delivery (Cloth Napkins...
Today, LivingSocial is announcing Room Service, which delivers high-end meals to your door — complete with dishes, candles and cloth napkins. The Washington, D.C.-based company will also be trying out...
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LivingSocial Says It Has No Plans to Be a Mobile Payments Provider
LivingSocial has no plans to build a payment system for local merchants, but it does see itself playing a role in building loyalty programs and other merchant services. During an all-day media event...
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LivingSocial Experiments With Daily Deals, and It's Like a Virtual Club Med
LivingSocial took the daily deals business offline four months ago when it opened the doors to a state-of-the art building in Washington, D.C., called 918 F Street. In that short time, the venue has...
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Amazon's Q3 Results Fall Short of Analyst Expectations
Amazon’s revenue in the third quarter narrowly missed analyst projections, and its losses were wider than expected. The online retailer’s net loss totaled $274 million, or 60 cents a share, on sales of...
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LivingSocial Weighs Down Amazon Earnings, but That Doesn't Tell the Whole...
Amazon reported a wider net loss than it expected, largely because of a massive write-down it made in conjunction with its investment in LivingSocial. The losses not only make the retail giant look...
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