LivingSocial Acquires Urban Escapes, Expands Into Trip Planning
LivingSocial announced the acquisition of New York-based trip planning company Urban Escapes today. Chief executive Tim O’Shaughnessy says the acquisition will help the company offer its 10 million subscribers around the world opportunities to take advantage of fun things to do in their own communities.
LivingSocial is a social shopping company that currently is focusing on expanding its crowdsourced coupon service, Deals. Earlier this year, it raised $14 million to help expand its Deals service, expanding into the United
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