Peter Krasilovsky's

Local Onliner

Mar 9
2012

Milo.com Positions Itself as Anchor for EBay Local

Inventory hasn’t yet emerged as a “must have” for merchants, but the strategic importance of tracking store inventory remains undiminished. Merchants will potentially use inventory levels to drive users to specific locations, build promotions to get rid of overage (or remove promotions when supplies are running low). While far from universal, many national retailers are …continue reading »

Categories: Shopping/Transactions

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Feb 1
2012

Filing: Living Social Lost $558 Million in 2011

Living Social, in a battle with Groupon and other deal providers to gain (and keep) market share, lost an eye popping $558 million beyond its $245 Million in net earnings, according to a regulatory filing by Amazon.com, which owns 31 percent of the company. The filing was written about in today’s Washington Post. The Post …continue reading »

Categories: Deals, Money

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Dec 2
2011

The Amazon Influence: Living Social Beta Tests Premium Membership Program

Amazon’s a sleeper bet to really shake up local commerce . But what does that look like? For sure, we see the pieces being assembled…the focus on Amazon Stores, the $175 million Living Social Investment, the Kindle Fire rollout, the expansion of Amazon Prime to include access to a range of content, the build up …continue reading »

Categories: Deals, Shopping/Transactions

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Aug 26
2011

AmazonLocal Now in 30 Markets

Should we be mentioning Amazon Local in the same list of erstwhile “Groupon killers” as Facebook Deals, Google Offers , AT&T offers and others? As the online retail giant launches its 30th local site – starting in Boise in June and now heading into NYC — we’re certainly watching carefully. What we’ve seen is that …continue reading »

Categories: Deals, Google, Shopping/Transactions

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Jan 20
2011

THIS is E-Commerce: Living Social, Amazon Score 1.2 Million Sales

When Amazon made its deal to invest $175 million in Living Social, it wasn’t entirely clear how Amazon played in the local deal space. Sure, Amazon has its own non-local deals. And it owns Dallas-based Woot, a product-based deals provider. Still, it wasn’t clear. Today, we have a better idea how they play together. Amazon …continue reading »

Categories: Deals

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Dec 3
2010

Living Social Gets $175 Million From Amazon: Amazon’s Local Strategy?

Fresh in the wake of reports that Google will spend at least $5.3 Billion on Groupon, Living Social — the Avis of Deal a Day — has announced a $175 Million investment from Amazon. It simultaneously announed an additional $8 Million investment from Lightspeed Venture Partners. “If you want to become the biggest local commerce …continue reading »

Categories: Deals, Google, Sales Channels, Shopping/Transactions, Social Media

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Jan 27
2010

VC Frank Quattrone: ‘Vertical Stacks of Tech’ is Trend

Venture capital king Frank Quattrone (the banker behind Amazon, Netscape and Cisco) has a message: IPOs have gotten too big, innovation is being stifled, exits are being delayed and firms need straight-forward advice, not Wall Street “casinos.” “Wall Street no longer knows how to value,” he complained, during a breakfast talk before 500+ VCs and …continue reading »

Categories: Money, Technology

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