By Sramana Mitra and Melanie Blake Deal Radar ends 2010 with a company that has made as many headlines this year as it has dollars – Groupon. Just a few weeks after turning down a $6 billion offer from Google, Groupon plans to raise $1 billion in private funds. First reported on VC Experts and
The launch of Groupon just over two years ago sparked a remarkable, if sometimes overhyped, trend for group buying. Now, even companies such as Yahoo! want some of the action. What’s more, the group-buying model is changing and evolving as players such as Deal Current become part of the mix. Deal Current is a white-label
LivingSocial is an online community that connects more than 85 million people and powers group buying through Deals, its social commerce program. Through Deals, LivingSocial users and their friends can save 50%–70% or more each day on restaurants, spas, sporting events, hotels, and other local attractions in major cities. The company is also the creator