Livingsocial news and trends

LivingSocial Acquisition Boosts Groupon Bottom Line
Earnings // February 16, 2017

Restructuring seems to be paying off for Groupon, which reported strong Q4 earnings, with its shares up 20 percent. According to TechCrunch, the company showed Q4 sales of $934.9 million but with a net loss of $50.2 million and a non-GAAP EPS of $0.07. Both are good...

LivingSocial Cuts 20 Percent Of Its Workforce
News // October 15, 2015

LivingSocial is laying off about 200 members of its workforce — one-fifth of its entire staff in the U.S.

Living Social’s Slipping Sales
Merchant Innovation // April 28, 2014

The company reported that there was a 40 percent drop in revenue.

Quick Reads
LivingSocial Acquisition Boosts Groupon Bottom Line

February 16, 2017
Restructuring seems to be paying off for Groupon, which reported strong Q4 earnings, with its shares up 20 percent. According to TechCrunch, the company showed Q4 sales of $934.9 million but with a net loss of $50.2 million and a non-GAAP EPS of $0.07. Both are good news for Groupon since analysts were expecting revenues of $912.8 million and […]

LivingSocial Cuts 20 Percent Of Its Workforce

October 15, 2015
LivingSocial is laying off about 200 members of its workforce — one-fifth of its entire staff in the U.S.