WASHINGTON Feb. 17, 2011 www.livingsocial.com Tallahassee, FL Chicago, IL Sheffield, England
"As we continue to expand into more cities worldwide, we aim to bring even more opportunities for people to experience new activities or destinations right in their backyard at a price they can afford," said Tim O’Shaughnessy, CEO and co-founder of LivingSocial. "Whether it’s a major city in the U.K. or a hyper-local neighborhood in the U.S., we’re committed to bringing local merchants and LivingSocial users together."
LivingSocial lets anyone find restaurants, shops, activities and travel hotspots popular in their area, at a budget-friendly cost. The company has dedicated area experts on the ground in every market working directly with business owners and constantly identifying the best in local attractions to bring a savings of at least 50 percent to consumers.
Cashing in on LivingSocial deals is easy: the site offers a new promotion every morning, announced through its website, daily email, iPhone and Android app. Live for 24 hours, the deal is available to anyone who clicks on it. Additionally, LivingSocial’s unique referral model gives users their deal for free if they refer three friends who also participate.
With an audience of nearly 20 million subscribers, LivingSocial is able to provide local merchants with the unprecedented ability to reach both local customers and a worldwide audience, as well as introduce great local experiences at incredible values.
LivingSocial also recently launched LivingSocial Escapes, a travel site offering unbeatable savings on curated, unforgettable adventures. Just as LivingSocial lets people discover new services, experiences and attractions at a fraction of the retail price in their hometown or places they visit, LivingSocial Escapes helps anyone find one-of-a-kind day trips, packaged nearcations, quick escapes that don’t require air-travel or weekend excursions they might not typically pursue.
Washington, DC $311 million