LivingSocial – which has played Avis to Groupon’s Hertz in the prepaid space – has been in retrench mode under new CEO Gautam Thakar. Today, it announced a new Card Linked Offer (CLO) loyalty program for restaurants called Restaurants Plus.…
Big media brands like Gannett, Living Social, Weather.com and YP will take center stage next month at BIA/Kelsey's Leading in Local: The National Impact conference in Atlanta. We asked BIA/Kelsey Managing Director Rick Ducey to talk about the messages big…
BIA/Kelsey, forecasting $52.9 Billion in national local spending by 2017, has unveiled its new Leading in Local: The National Impact conference, which will take place in Atlanta May 7-9. The 2.5 Day event is expected to be the largest gathering…
BIA/Kelsey, forecasting $52.9 Billion in national local spending by 2017, has unveiled its new Leading in Local: The National Impact conference, which will take place in Atlanta May 7-9. The 2.5 Day event is expected to be the largest gathering…
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…
Living Social has won a lifeline from some of its existing investors today with a new infusion of $110 Million. The new cash lets the #2 deals company, which has been 31 percent owned by Amazon, proceed after sustaining very…
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…
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…
Image Source: Mashable Groupon’s greatly reduced IPO is apparently set to take place on Friday, Nov. 4, in an environment much less friendly than originally envisioned last spring. The bloom has come off for a number of reasons. Groupon has…
A new partnership between Clear Channel and LivingSocial is seeking to leverage the power of on-air personalities on 500 Clear Channel radio stations. The personalities will rap about the deals in unscripted segments. It would be interesting to know what…
Groupon got a flying jump investing in overseas properties that have basically cloned its daily deal concept and set up local operations. International now accounts for 54 percent of Groupon’s revenues, according to the S-1 it filed with the SEC…
Instant deals designed for mobile consumers on the go look like the next big extension in the deals space. LivingSocial told AllThings D that it is offering instant $1 “Walk In” deals for lunch in its headquarters city of Washington,…
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,…
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…
The competition among white-label “deal a day” providers is increasingly intense. At the same time, local media companies are beginning to verticalize their deal a days to differentiate themselves. Case in point is The Washington Post, which has rolled out…
Groupon announced today that it will work with McClatchy, the third-largest newspaper chain, in 28 McClatchy markets. The rollout begins this month in Sacramento and Kansas City. Other McClatchy markets will be added over the next several months, possibly including…
On the heels of Groupon's $135 million round (and $1 billion valuation), Living Social has stepped up to the plate with a new $14 million C round, led by Lightspeed Venture Partners, with U.S. Venture Partners, Grotech Ventures and Steve…
Daily deals are one of the hottest new areas for local advertising and promotions, with Groupon, Living Social and more than 150 other players rolling out their own versions. At least two companies, Click-N-Shout and Deal Current, are targeting local…
Daily deals are one of the hottest new areas for local advertising and promotions, with Groupon, Living Social and more than 150 other players rolling out their own versions. At least two companies, Click-N-Shout and Deal Current, are targeting local…
The “Flash e-commerce” space got hotter today, as Washington, D.C.-based LivingSocial announced a new $30 million round led by U.S. Venture Partners. Grotech Ventures and Revolution (Steve Case’s company) are also participating. The funding will be used to launch deal-a-day…