Around the Net

The Decline Of LivingSocial

With the daily deal industry on life support, The New York Times visits deal king LivingSocial to see what has come of one of the tech world’s first unicorns. “Today, LivingSocial is more unicorpse than unicorn,” it writes. “Consumer fervor for daily deals has cooled,” while the company’s work force has shrunk from 4,500 to about 800.

Read the whole story at The New York Times »

Next story loading loading..