LivingSocials Coupon is Set to be Punched by Amazon

Monday, February 3, 2014
NEW YORK (The Deal) -- With Amazon.com writing down its investment in LivingSocial to nothing, the future of yet another social media startup is very much in doubt. While the company insists it will soldier on, sources said it's more likely to end up absorbed by the online retail giant. John Bax, the CFO of the Washington-based company said LivingSocial's board has elected to re-invest $260 ...

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Tags: startup, company

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