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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LivingSocial, AEG Will Help You Nab VIP Passes for The Biebs

LivingSocial, the collective bargaining service helping people get discounts on everything from fish food to hibachi grills, and AEG, one of the biggest sports and entertainment presenters in the world, announced an exciting new partnership today that will bring LivingSocial members some one-of-a-kind deals when purchasing tickets to see their favorite ball team or band. Through the deal, fans will …

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LivingSocial Books 1 Millionth Hotel Reservation

Today LivingSocial announced that its Escapes program has booked one million reservations since its inception in November, 2010. The rooms were booked in over 1,400 hotel, lodging and tour partners around the world. Escapes bookings can include anything from African Safaris and all-inclusive beach vacations in the tropics, to shopping trips and quiet bed and breakfast retreats. Dave Madden, general …

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LivingSocial President Resigns

According to an email obtained by Nick O’Neill at StartUpStats from LivingSocial CEO Tim O’Shaunghnessy, LivingSocial president and co-founder Eddie Frederick has resigned from the board. Frederick had been with the company since its inception, and was the creator of Visual Bookshelf, the app that inspired the creation of Hungry Machine, the company that went on to build LivingSocial. The …

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LivingSocial Launches Takeout & Delivery

LivingSocial has just announced the launch of Takeout & Delivery, an online restaurant platform which allows users to order food from thousands of local diners for pickup or delivery. LivingSocial has used its Instant service as a testing ground for Takeout & Delivery, and will be transitioning to and expanding upon all of its markets nationwide. Greg Mazanec, GM of …

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LivingSocial Drops A Cleveland Steamer For Only $69

I’m a 20-something male, so sometimes things that are said in a completely innocuous manner and setting can still make me chuckle like a fifth-grader. I’ll be the first to admit that my mind usually does a faceplant right in the gutter whenever I hear something even remotely unsavory. But really, this can’t just be me. Today’s LivingSocial deal on …

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91% Remain Loyal To Business After Daily Deal [STUDY]

Daily deals are not the best initiative for every small business. Since the rise in popularity of services like Groupon and LivingSocial, we’ve heard various stories from businesses slamming the model. Some small businesses have reported bad experiences running a daily deal – with some complaining about how it fails to turn a profit and others complaining that the daily …

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Black Friday, Cyber Monday Deals Announced By LivingSocial

LivingSocial wants to extend the biggest holiday shopping day of the year into the biggest daily deals period of the year, as they have announced a string of new deals set to begin early Friday morning. Beginning at 5am, LivingSocial will begin the Black Friday deals, and from there will continue into Saturday, Sunday and into Cyber Monday. There will …

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A Deal is Not Always Such a Great Deal

Thumbtack.com put out some research last week suggesting that many daily deals in the local services industry are priced equal to or higher than the average local price of the service. In other words, the deal isn’t always much of a deal. Since that study, the site has done some more digging, placing phone calls to various businesses that have …

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Whole Foods, LivingSocial Team Up For 50% Off Deal

In what many are considering the holy grail of daily deals, LivingSocial is offering a voucher today for 50% off groceries at Whole Foods Market. The voucher is good for $20 worth of merchandise for only $10. They say beauty exists in the relationship between a “whole” organism and its parts. And with today’s deal, lettuce show you the natural …

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Oregon Dentist and Chiropractic Boards Ban Groupon

If you’re living in Oregon and are looking for discounted crowns or a backiotomy, Groupon isn’t your place. Both the Oregon Board of Dentistry and the Board of Chiropractic Examiners have banned the use of Groupons. The reason for the ban is because both boards feel that Groupon violates their no commissions / no fee-splitting policies. For some it sounds …

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The Deals Space: It’s Easy to Start, But Not to Grow

Back in June, Mary Song, CEO of Yuupon, gave WebProNews the following predictions for the deals space: 1. Facebook Deals will not be a major contender as is.  Why? Facebook Deals is a self-serve platform and like ad-words is unlikely to be directly adopted by merchants.  Instead, it will likely foster a community of agencies that help companies get their …

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Yelp Cuts Back On Daily Deals, Great Timing for Groupon

It’s an interesting time for the daily deals space. As previously reported, Facebook, which may assumed would be a major player, has decided to fold its deals product, though the company is keeping around check-in deals. Yelp, another popular service is also scaling back in the deals department. It has been reported that Yelp cut half of its Deals staff …

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Today in Deals: Foursquare and Google

There are a couple noteworthy bits of news coming out this morning regarding the deals space. Foursquare announced that Foursquare Specials will no include “deals” from partners LivingSocial, Gilt City, Zozi, BuyWithMe, and AT&T Interactive. “We help you discover the deals that are right for you,” Foursquare says on the company blog. “We now run all Specials through our personalized …

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Is Groupon Losing its Edge?

It’s well known that the daily deals space is getting more and more competitive. It seems that nearly every other day a new service related to this industry is being announced. LivingSocial, who has been doing a whole lot of TV advertising these days has been consistently named as Groupon’s closest competitor. A report today from Bloomberg BusinessWeek, citing data …

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LivingSocial Reacts to Recent Studies about Daily Deals

A couple of recent studies brought out some interesting, but contradictory data pertaining to daily deals’ providers. The first study from Rice University found that the business model behind daily deals’ sites was unsustainable and predicted “tough times ahead for daily deal sites.”

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Report: Groupon More Popular by 2 to 1 Margin Over LivingSocial

ForeSee Results released some interesting data regarding he effectiveness of Groupon, Living Social and other “daily deal” programs. The firm conducted a study of over 22,000 online shoppers in the spring, and one subject they explored was the whole daily deal phenomenon, whether or not they brought in new customers, and these services compare with one another.   Highlights of …

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LivingSocial Talks Instant Deals Launches

Back in April, LivingSocial launched its Instant Deals product in Washington DC, where consumers bought up a slew of dollar lunches. This week, the company did the same in New York City. LivingSocial Communications Director Marie Griffin told us a bit about the two launches, and what’s planned. “LivingSocial is based in Washington, DC, so it was a no-brainer to …

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Google Offers – Is Groupon in Trouble?

I’m sure you recall when Groupon turned down a reported $6 billion offer from Google a few months back. Many (not all) thought Groupon was crazy to turn it down, considering how many daily deal/offers sites have been coming out of the woodwork, and how easy such a concept is to replicate. Do you think Google will take over as …

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