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LivingSocial CEO says buh bye

The co-founder of the discount deals site announces he's stepping down as the company struggles to figure out its next steps.

By January 10, 2014


LivingSocial suffers two-day long site and mobile app outage

Due to an internal error, the daily deals' Web site and app have been out of commission for more than 24 hours.

By November 13, 2013


LivingSocial hacked; 50 million affected

Hackers target LivingSocial, stealing the personal data of more than 50 million people in an enormous security breach.

By April 26, 2013


Correction: LivingSocial hack

This story misidentified the countries not affected by the breach. The correct list is South Korea, Philippines, Indonesia, and Thailand.

Read the updated story here.

By April 26, 2013


LivingSocial raises $110M in funding from current investors

The cash infusion will allow the daily deals site to pursue its "aggressive road map" while buffering it against "unanticipated events or bumps in the road," says CEO Tim O'Shaughnessy.

By February 20, 2013


LivingSocial said to lay off nearly 10 percent of staff

The daily deals world is awash in financial woes, and LivingSocial is no exception. After a net loss of $566 million in the third quarter, the company is now reportedly about to cut jobs.

By November 28, 2012


LivingSocial promotes Fab for the holidays

The daily deals site introduces the flashy e-commerce site to its 24 million users.

By November 21, 2012


LivingSocial expands into merchandise deals

The company battling Groupon in online-bargain category is broadening its offering from services to stuff in order to keep pace.

By July 17, 2012


LivingSocial balks at IPO, raising funds instead, report says

The daily-deals provider won't follow its chief competitor, Groupon, to the IPO market anytime soon, it seems.

By December 8, 2011


LivingSocial raises $176 million, seeks $400 million

The daily deals company taps into the private markets to fund its expansion.

By December 7, 2011