LivingSocial

In an internal memo sent to thousands of employees, Groupon CEO and co-founder Andrew Mason breaks his silence. Kara Swisher of AllThingsD has scored an exclusive look at the memo, which addresses the silly (if not absurd) controversy surrounding Groupon's accounting practices. Known as ACSOI (...

In a startling change of pace, Twitter, Square and LivingSocial have taken steps from having investors sell stock on private exchanges, in an effort to keep the number of shareholders at bay, according to Bloomberg. According to two people close to the matter, Twitter has asked investors in its...

More than four million daily deals sold in the U.S. during Q2 2011. And that's just the beginning. LivingSocial recently conducted a “Q2 Member Must-Haves Study” and found that, from April to June 2011, “members in Washington, D.C., California, New York, Texas and Florida were found to love...

No relation to Ticketmaster, AKA the monster of concert ticket sales. LivingSocial has announced this morning that it has signed a definitive agreement to acquire TicketMonster Inc., a site that it refers to as the “leading social commerce website in South Korea.” Founded just one year ago,...

LivingSocial earlier today announced it has signed a definitive agreement to acquire TicketMonster Inc., asocial commerce website in South Korea, subject to Korean regulatory approval. Founded in 2010, TicketMonster offers daily and instant deals, travel packages, and events to more than 2 million...

Travelzoo (NASDAQ: TZOO) has been doing quite well today following its impressive Q1 results. The company attributes some of the success to its Local Deals feature, which currently serves 48 markets (up from just 12 markets in Q3 2010). In its First Quarter 2011 Performance and Growth Strategy...