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That year, The Washington Post reported that many laid off or departed workers formed new tech companies in LivingSocial's home city of Washington, DC. [19] In October 2016, Groupon Inc. purchased LivingSocial for an undisclosed amount. [20] The Washington Post later reported this amount was $0. [21]
Groupon owns numerous international operations, all of which were originally deal-of-the-day services similar to it, but most of which was subsequently re-branded under the Groupon name after the acquisition, including the European-based MyCityDeal (May 17, 2010), the South American ClanDescuento (June 22, 2010), the Japanese service Qpod.jp ...
In a similar manner to Groupon (except that their deals always lasted a week), BuyWithMe introduced at least one new deal every day. The deal was emailed to all local BuyWithMe subscribers, made available on the company's website, and distributed through a network of group buying media partnerships (including Boston.com, owned by The New York Times).
In December 2010, Amazon invested $175 million into Groupon rival LivingSocial. However, the company’s rapid expansion quickly came to a halt, as the daily deals business began to slow.
The mecca of discounted items, Groupon is a global e-commerce marketplace connecting subscribers with merchants by offering activities, travel and services. And no, it's not too good to be true!
Here's how to find deals. One dollar notes with the signature of US Treasury Secretary Janet Yellen are unveiled at the Bureau of Engraving and Printing Western Currency Facility on December 8 ...