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Articles tagged with: Amazon

Coupons/Deals »

[10 Jan 2014 | No Comment | ]

Living Social CEO and co-founder Tim O’Shaughnessy announced today on the company blog that he is stepping down. He will stay until a new CEO is found and installed — a process that he “hopes” will be completed during the first half of 2014. O’Shaughnessy previously worked at AOL, and transformed Living Social from its …

Coupons/Deals, Mapping »

[3 Jul 2012 | No Comment | ]

Amazon has reportedly purchased UpNext, the five-year-old, 3-D mapping and directory service that now provides “clickable building”-oriented maps for more than 50 cities, including 23 that are enhanced in depth. The service has experimented with a number of features, including transportation guides, events, happy hour deals, etc. While the purchase price hasn’t been reported, UpNext …

Ad Sales, Conferences, Coupons/Deals, Devices, Shopping, online »

[15 Jun 2012 | No Comment | ]

Amazon doesn’t usually speak at industry gatherings. But that was before it needed to reach out to the advertising community to sell display ads on its sites, ads on Kindle, national and local offers on Kindle, and extend its promotional reach on third party sites. Hence a luncheon keynote today from Seth Dallaire, VP of …

Shopping, offline, Shopping, online »

[9 Mar 2012 | 4 Comments | ]

Inventory hasn’t yet emerged as a “must have” for merchants, but the strategic importance of tracking store inventory remains undiminished. Merchants will potentially use inventory levels to drive users to specific locations, build promotions to get rid of overage (or remove promotions when supplies are running low).
While far from universal, many national retailers are beginning …

SMBs, Verticals »

[2 Feb 2012 | No Comment | ]

Amazon.com, which is moving in multiple directions vis-à-vis local, has agreed to buy TeachStreet, the service for matching teachers and students. Amazon’s interest appears to be less in TeachStreet than in the underlying e-commerce platform for SMBs. The platform already is being used by The Washington Post for its Service Alley SMB leads service.
TeachStreet …

Coupons/Deals, Financial Results »

[1 Feb 2012 | No Comment | ]

LivingSocial, in a battle with Groupon and other deal providers to gain (and keep) market share, lost an eye popping $558 million beyond its $245 million in net earnings, according to a regulatory filing by Amazon.com, which owns 31 percent of the company. The filing was written about in today’s Washington Post.
The Post article notes …

Coupons/Deals »

[2 Dec 2011 | No Comment | ]

Amazon’s a sleeper bet to really shake up local commerce. But what does that look like? For sure, we see the pieces being assembled…the focus on Amazon Stores, the $175 million LivingSocial investment, the Kindle Fire rollout, the expansion of Amazon Prime to include access to a range of content, the build-up of Amazon Transactions. …

Coupons/Deals »

[25 Aug 2011 | No Comment | ]

Should we be mentioning AmazonLocal in the same list of erstwhile “Groupon killers” as Facebook Deals, Google Offers, AT&T offers and others?
As the online retail giant launches its 30th local site — starting in Boise in June and now heading into NYC — we’re certainly watching carefully. What we’ve seen is that Amazon has assembled …

Coupons/Deals, Verticals »

[19 Jan 2011 | One Comment | ]

When Amazon made its deal to invest $175 million in LivingSocial, it wasn’t entirely clear how Amazon played in the local deal space. Sure, Amazon has its own non-local deals. And it owns Dallas-based Woot, a product-based deals provider. Still, it wasn’t clear.
Today, we have a better idea how they play together. Amazon put a …

Coupons/Deals, Mergers & Acquisitions, Shopping, online »

[2 Dec 2010 | One Comment | ]

Fresh in the wake of reports that Google will spend at least $5.3 billion on Groupon, LivingSocial — the Avis of deal a day — has announced a $175 million investment from Amazon. It simultaneously announced an additional $8 million investment from Lightspeed Venture Partners.
“If you want to become the biggest local commerce player, …