RIP LivingSocial. Long live Groupon

[JEDI]

(Didn't see anything listed on 1st page)

https://www.washingtonpost.com/news...a-daily-deals-company/?utm_term=.92ed9dc8a26a

$6 billion: What LivingSocial was valued, at its height
$0: What Groupon paid to acquire it.

wow!
would have thought Living Social would overtake Groupon since it was made of former Groupon execs who had better ideas and the platform was more client friendly.

ie:
restaurants had more access to data, and the data was more organized so easier to understand how well their offers are affecting their bottom line.
so more companies would join Living Social and drop Groupon

 

[Skel]

I'm surprised those services still exist. I remember people were annoying on the bandwagon, but even it's most vocal supporters haven't mentioned Groupon in years.

 

[rh71]

I never really used Groupon because I thought you had to buy "in bulk" (as a group). Apparently not true. I did use LivingSocial quite a few times and it was pretty straightforward and simple. All of a sudden years ago they stopped advertising for the stores I frequented (including McDonald's) and that was the end of that.

 

[Anubis]

never used either

i live in the boonies, never applicable to stuff in my area