livingsocial in A Sentence

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    Livingsocial files to raise over $500M; can it overtake Groupon?

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    2

    Livingsocial lets anyone receive coupons for local restaurants, shops, activities and services in their area.

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    3

    Today and until Thursday morning at 8am ET, Livingsocial is offering a $20 Amazon.

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    4

    How is Groupon or Livingsocial different, or are these online extensions of the same phenomenon?".

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    5

    Livingsocial is expected to receive a 30% commission on the deal, leaving Amazon at a significant loss.

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    6

    Com gift cards have been purchased through Livingsocial, netting nearly $10 million in gross sales for the startup.

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    7

    Livingsocial will use this investment to continue its momentum of worldwide launches and overall business growth while continuing to serve deals to more than 10 million current subscribers.

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    8

    Livingsocial's rapid expansion has the company currently booking revenues of more than $1 million a day on average and is projected to book well over $500 million in revenue in 2011.

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    9

    The competition on coupon sites is fierce, with Groupon and Livingsocial leading the pack of clones, so it's no surprise that these sites will do whatever they can to garner new subscribers.

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    10

    You may already receive emails from sites like Groupon or Livingsocial that offer deals based on where you live, but you can also get top deals for the cities you're planning on visiting,

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    11

    Because of Livingsocial's rapid expansion, the company is currently booking revenues of more than $1 million a day on average and is projected to book well over $500 million in revenue in 2011.

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    12

    As the social shopping space continues to heat up, Livingsocial is committed to staying focused on providing the high level of quality that consumers and merchants have come to expect when working with us.”.

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    13

    That's until you realize that as an investor, this is really nothing more than a publicity stunt which will garner thousands of new subscribers to Livingsocial who will then begin receiving regularly scheduled local deals.

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