AllThingsD’s Kara Swisher is reporting that popular daily deals site LivingSocial “has suffered a massive cyber-attack on its computer systems.”
LivingSocial
Daily Deals Site ‘LivingSocial’ Nearing $1 Billion IPO?
Is LivingSocial about to follow Groupon’s lead, and go public? CNBC certainly thinks so, reporting that the site has met with bankers to discuss the possibility, and suggesting a surprisingly high valuation that may have come from said meetings.
CNBC cites an anonymous source “familiar with the matter” as claiming that the daily deals …
Study: Half of All Daily Deals Don’t Increase Profits or Sales
With Amazon and Google recently launching their own daily deals sites to compete with Groupon and LivingSocial, you might be forgiven for thinking that we’re living in a golden age of savings and reasonably priced offerings. A new study had a message for those who might feel that way: Enjoy it while you can, because it’s not likely to …
AT&T Launching Groupon-Style Daily Deals Site
It’s time to add – yet again – another Groupon competitor to the list of already growing entrants. Of course, Facebook has most recently thrown in its bid (after Google) to vie for a spot in the billion-dollar online coupon market. And now, enter AT&T into the ring.
The second-largest U.S. wireless provider is expected to …
Facebook Deals Launches in Five Cities
Starting today, Facebook Deals will begin kicking off in five cities, according to the New York Times. The hotly anticipated Facebook Deals taps into the social online coupon market along with heavyweights Groupon and LivingSocial in offering discounts for shared activities.
The feature will initially only be offered in five cities: …
Social Shopping Is Big Business, but What’s So ‘Social’ About It?
Want to start a tech company? Make sure the word “social” is involved somehow. Social shopping site LivingSocial—second only to social shopping site Groupon—has just raised another $400 million, and is said to be worth over $3 billion now, according to the New York Times.
That’s still quite a bit short of Groupon, which “is said …
Microsoft: Bing ‘Deals’ Scours Groupon, LivingSocial for You
Microsoft isn’t one to be left too far behind, tacking daily deals onto its Bing search product. Bing Deals for the desktop and mobile gives thousands of unique offers spanning 14,000 cities and towns in the U.S.
Being a search engine, the new Deals section aggregates offers from top providers, including Groupon, Living Social and …
LivingSocial’s Daily Deal Sells $26 Million Worth Of Amazon Gift Cards
It was the offer that confused the internet: Buy $20 worth of Amazon value for $10. Daily Deal site LivingSocial brought the internet to its knees yesterday by offering “a once-in-a-lifetime deal”: a $20 gift card to Amazon.com for just $10. 1.3 million of the cards were sold by the end of the day, although it’s uncertain how many of …
LivingSocial Announces $175 Million Investment From Amazon
Online shopping powerhouse Amazon has invested $175 million into daily deal site LivingSocial.com, the company announced Thursday.
(More On TIME: Groupon Becomes Social Shopping Network)
While we wait to hear about the possible purchase of competitor Groupon by Google via a rumored $6 billion deal, it appears Amazon and …
