Groupon buys rival LivingSocial, once valued at $6 billion, as daily deals business sputters – Los Angeles Times


Los Angeles Times

Groupon buys rival LivingSocial, once valued at $6 billion, as daily deals business sputters
Los Angeles Times
LivingSocial, the online deals site based in Washington, D.C., that was once valued at $6 billion, announced Wednesday that it is selling itself to rival Groupon for an undisclosed sum. Both companies run Internet-based “daily deals” businesses that
Groupon Buys LivingSocial, a Rival Once Valued at $6 BillionBloomberg

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