LivingSocial Acquires Stake In Let’s Bonus

Posted Jan 13, 2011

Groupon competitor LivingSocial has acquired stake in Let’s Bonus, a daily deals service based in Italy, Portugal, Mexico, and Argentina. About a month ago, Amazon.com invested $175 million in LivingSocial. Now LivingSocial operates in 10 countries, including Australia. Jump On It was acquired by LivingSocial this past November. [paidContent]