LevelUp Hits 500,000 Users Milestone

LevelUp has reached 500,000 users as its gained acceptance at over 3,000 restaurants and shops, reports Mobile Commerce Daily.

“Right now, there are many big and small players in the space,” said Seth Priebatsch, LevelUp’s CEO. “By the end of 2013, we think the herd will have thinned quite a lot.

We expect a bunch of the bigger players to realize they need to start providing more value and become more ubiquitous in order to stay the race.”

Read the full story here.