LivingSocial Goes Global Overnight
Daily deals site and Groupon competitor LivingSocial announced the acquisition of several regionally focused daily deals sites around the world.
Living Social acquired Ensogo, one of the leading daily deals sites in Thailand and the Phillipines, DealKeren, an Ensogo company based in Indonesia, and GoNabit, which was one of the first daily deals sites in the Middle East. Living Social also introduced Daily Deals in the Netherlands.
The acquisitions and launch bring the total of countries/regions LivingSocial operates in to 21 and spanning six of the seven continents. The growth seemingly mimics the rapid growth of LivingSocial’s primary competitor in Groupon.
"As with previous acquisitions, LivingSocial has again chosen to align with local companies that possess similar values and ways of doing business," said Tim O'Shaughnessy, CEO and co-founder, LivingSocial. "We are excited to enter the dynamic Asian market and our presence in the Middle East and the Netherlands further strengthens our strategic global efforts to bring LivingSocial values to members across the globe."