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The fast rise and slow demise of a daily deals business

Washington startup LivingSocial was acquired by chief rival Groupon for $0

Published Sun, Feb 26, 2017 · 09:50 PM
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Washington

LIVINGSOCIAL, the Washington startup that rode the daily deals craze to markets across the globe, has died as a stand-alone company. It was nearly 10 years old.

Groupon, its chief rival, revealed last week that it acquired LivingSocial's remains for $0.

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