Is LivingSocial still a thing?
LivingSocial, the Washington start-up that rode the daily deals craze to markets across the globe, has died as a stand-alone company. It was nearly 10 years old. Groupon, its chief rival, revealed last week that it acquired LivingSocial’s remains for $0.
Is LivingSocial owned by Groupon?
Today, Groupon is valued at just $2.4 billion after a years-long decline in the daily deals category; Groupon acquired its principal competitor LivingSocial for $0 in 2016. Amazon once owned a third of LivingSocial in addition to operating its own local deals business, which it shut down in 2015.
What does LivingSocial cost?
Most deals are 50%, the share is 50% of 50% – 2.5% for credit card fee processing leaving the merchant with 22.5% of the original price. If you sell anything that you buy, you’d need to have a 77.5% profit. Most restaurants only do a 10 to 20% benefit usually.
What is social living?
: the part of a person’s time spent doing enjoyable things with others I joined the club to improve my social life. She has a busy/hectic social life. It seems like there’s a party every week.
What is the difference between LivingSocial and Groupon?
I get daily emails from both sites and generally speaking, Groupon is usually running deals from more established businesses and are pickier about who they let in. Living Social appears to accept some newer businesses and has more “indie” deals.
When did Groupon buy LivingSocial?
2016
The company shrank from a peak of 4,500 employees in 2011 to about 200 in 2016. LivingSocial was purchased by Groupon in 2016.
What are vouchers on LivingSocial?
LivingSocial offers a no-quibble 14 day money back guarantee on all unredeemed vouchers (starting from the day after the day you receive your voucher) whereby if you originally paid in cash, you can receive a 100% cash or 100% Deal Credit or, if you paid using Deal Credit, you can receive a 100% Deal Credit.
What percentage does Groupon charge?
50%
Groupon takes 50% of the sales revenue as its service fee. The deal will generate $1,500 in revenue from 30 new customers, and of that amount $750 goes to the salon and $750 goes to Groupon. Once a deal is advertised, consumers who purchased the Groupon receive it regardless of how many were purchased.
How do I get a refund from LivingSocial?
If you decide to request a refund from LivingSocial over the phone you will need to contact their customer service and do the following:
- Call: 202-400-2100.
- Explain why you are contacting them.
- Give them all the relevant info they ask for.
- Wait for further instructions.
What does redeem voucher mean on LivingSocial?
What can I use my voucher for? You can either exchange it for the product or service stated in the deal, redeem it towards the cost of another voucher, redeem it towards other goods at Direct Deals, or you can exchange it for Deal Credit, it’s your call.
Who is the living barrel?
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