« Daily Deal Media : Constant Contact Acquires MobManager as Possible Element in Daily Deals Venture | Main | Bloomberg : Groupon Accused in Lawsuit of Altering Merchant Contracts in Sent E-Mails »
Tuesday
Dec132011

Bloomberg : LivingSocial Is Said to Get Funding Valuing It at $6 Billion

LivingSocial.com, the online-coupon provider that competes with Groupon Inc., lined up $400 million in funding that gives it a valuation of about $6 billion, according to a person with direct knowledge of the matter.

The company has already sold $176 million of the total, Washington-based LivingSocial said in a filing with the U.S. Securities and Exchange Commission. 

Read complete article

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>