homepage Welcome to WebmasterWorld Guest from
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member
Home / Forums Index / WebmasterWorld / Ecommerce
Forum Library, Charter, Moderators: buckworks

Ecommerce Forum

Amazon Invests $175 million in LivingSocial

WebmasterWorld Administrator engine us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

Msg#: 4238440 posted 7:19 pm on Dec 3, 2010 (gmt 0)

Amazon Invests $175 million in LivingSocial [kara.allthingsd.com]
Amazon will invest $175 million in LivingSocial, the No. 2 player in the fast-growing social buying space.

The online retail giantís big bet on the Washington, D.C.-based start-up comes in the wake of ongoing acquisition talks between Google and Groupon, the category leader in the local deals business.

While it appears to be a reaction to those discussions, sources said Amazon and LivingSocial have been talking for some time about a variety of deals between them.

Sources said the Amazon investment put a very hefty valuation of over one billion dollars on LivingSocial.



5+ Year Member

Msg#: 4238440 posted 6:33 am on Dec 11, 2010 (gmt 0)

Dot-com bubble time again!

Global Options:
 top home search open messages active posts  

Home / Forums Index / WebmasterWorld / Ecommerce
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved