Peter Krasilovsky's

Local Onliner

Feb 10
2012

Living Social’s Experience Center to Debut

Following in the footsteps of major brands such as Apple, Nike, Harley Davidson and ESPN, Living Social is now seeking to enhance its core brand via a retail “experience” center where book clubs, cooking classes, painting classes and performances can all take place. The effort follows a trial of a Living Social membership program with …continue reading »

Categories: Deals

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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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Nov 2
2011

Reassessing Groupon Prior to Its IPO

Image Source: Mashable Groupon’s greatly reduced IPO is apparently set to take place on Friday, November 4 in an environment much less friendly than originally envisioned last spring. The bloom has come off for a number of reasons. Groupon has almost no barriers to entry and has had to contend with dozens and dozens of …continue reading »

Categories: Deals, Money, Shopping/Transactions

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Aug 3
2011

Living Social Buys South Korea’s Ticket Monster

Groupon got a flying jump investing in overseas properties that have basically cloned its daily deal concept and set up local operations. International now accounts for 54 percent of Groupon’s revenues, according to the S-1 it filed with the SEC in preparation for its IPO. Living Social has not been as aggressive, mostly operating in …continue reading »

Categories: Deals

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Apr 21
2011

Groupon’s Mihir Shah at Where 2.0: Tech Unit ‘Deeply Integrated’

Chicago-based Groupon is pushing hard in Silicon Valley to build a major tech presence on the back of Mobility, a mobile services firm purchased last year. One piece of evidence: a billboard on the 101 touting the company as a place to work. At Where 2.0 today in Santa Clara, VP and GM Mihir Shah …continue reading »

Categories: Conferences, Deals, Mobile

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Apr 14
2011

Living Social Joins Instant Mobile Deal Space

Instant deals designed for mobile consumers on-the-go look like the next big extension in the deals space. Living Social told AllThings D that it is offering instant $1 “Walk In” deals for lunch in its headquarters city of Washington DC as a promotion for its mobile apps. Users who sign up for the feature will …continue reading »

Categories: Deals, Shopping/Transactions, Social Media

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