All Posts Tagged Tag: ‘livingsocial’

LivingSocial Launches New Merchant Tools

LivingSocial announced the launch of a new toolkit for merchants called Connect, which is geared toward letting them better engage and build relationships with customers acquired through the LivingSocial platform. The offering lets businesses personalize thank you emails, customize promotion expiration emails, send additional offers to customers who purchased deals, communicate with customers via multiple social media channels, and review …

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LivingSocial Taps eBay Exec for CEO

Daily deals company LivingSocial has just poached an eBay exec to be their next CEO, following January’s announcement that longtime head Tim O’Shaughnessy would be resigning. Your new LivingSocial CEO is Gautam Thakar. Thakar was eBay advertising General Manager since January of 2013, and has served as the CEO of (eBay-owned) Shopping.com since 2011. “We knew we wanted a new …

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LivingSocial CEO Tim O’Shaughnessy Is Resigning

The CEO of one of the top daily deals companies in the world has announced that he will be stepping down, effective as soon as a suitable replacement is found. Tim O’Shaughnessy said that he has given his all to the company and is “100% convinced” of its future success in a post made Friday morning. “Like you, I have …

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Groupon Now Officially Owns Ticket Monster (Formerly Of LivingSocial)

Groupon announced an agreement to acquire LivingSocial’s Ticket Monster when it reported its Q3 earnings in November. On Friday, Groupon announced that it has closed the acquisition. Groupon paid $260 million in cash and stock for the Korean ticketing company. More specifically, that’s $100 million in cash and $160 million in Groupon Class A common stock for Groupon rival LivingSocial. …

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LivingSocial Still Down, Now Delaying Email Distribution

Daily deals site LivingSocial has been down for more than a day, and the company is blaming it on an internal issue. LivingSocial.com went down Tuesday afternoon, as did all LivingSocial mobile apps. Although the website says that it is temporarily down of maintenance, the company is revealing that there was in fact a problem that caused the outage. According …

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Groupon Announces Q3 Earnings, Ticket Monster Acquisition

Groupon just released its earnings report for the third quarter, and announced an agreement to acquire Ticket Monster from its rival LivingSocial for $260 million cash and stock. Revenue was up 5% year over year at $595.1 million. Gross profit was down to $359.6 million compared to $386.8 million for the same quarter last year. “Our Local business showed continued …

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LivingSocial, Unsurprisingly, Had to Apologize for Representing ‘Greed’ with Dreidels at a Halloween Party

In you-probably-should-have-thought-that-through-a-little-more news, daily deals company LivingSocial has issued an apology for featuring dreidels in “greed”-themed room at a Halloween party. The party, which took place at LivingSocial headquarters in D.C., apparently featured seven different rooms – all decorated to represent the 7 deadly sins. According to Washington Jewish Week, the party was billed as “treat yo self to a …

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LivingSocial Launches Larger Deal Inventory, New Merchant Tools And Coupons

LivingSocial announced on Tuesday that it is rolling out new tools for merchants, a larger deals inventory, extended-length deals and new coupons. A spokesperson for the company tells WebProNews that LivingSocial is “moving towards being more of a marketing partner for merchants and an online marketplace destination for consumers.” “The new enhancements were developed after listening to feedback from merchants …

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LivingSocial Hacked: 50M+ Emails & Passwords, but No Credit Card Info

Daily deals site LivingSocial is the latest major tech company to fall victim to hackers. According to the Washington D.C.-based company, the hack exposed over 50 million users’ email addresses, passwords, birthdates, and more – but no financial information. All Things D obtained an internal memo that explains the nature of the attack: We recently experienced a cyber-attack on our …

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LivingSocial’s Starbucks Deal is the Best-Selling Daily Deal of All Time

I didn’t buy LivingSocial’s Starbucks deal yesterday. That makes me a weirdo because apparently, everyone else did. According to daily deals aggregator Yipit, we have a new king of the daily deals. Wednesday’s $5 for $10 worth of Starbucks offer shattered records, selling 1.5 million gift cards in sum. That means that LivingSocial’s Starbucks deal is now officially the most …

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LivingSocial Not Going Public Anytime Soon

In light of the totally botched Facebook IPO, it’s no wonder many tech companies are in no hurry to go public. According to LivingSocial CEO Tim O’Shaugnessy, you can add LivingSocial to that list. Despite recent losses for the company, they are aren’t hurting for the capital an IPO would bring in. LivingSocial was recently able to raise $600 million …

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LivingSocial Gets Outrageous $23 Million Tax Break

LivingSocial has been doing very well for itself. In fact, it is time for the daily deals provider to expand its operations, and they contemplated moving headquarters outside its current Washington, D.C. home. Fortunately, the D.C. City Council and many local business professionals want to do something to entice them to stay. Members of the business community and state legislator …

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