Amazon Sees Groupon Light, Throws $175 Into LivingSocial

Social media coupon and discount company LivingSocial said late yesterday it has received a $175 million investment from Amazon.com. The company has also received $8 million from Lightspeed Venture Partners.

LivingSocial said it will use the investments to maintain steady worldwide launches while continuing to service its 10 million subscribers in the US, Canada, U.K. Ireland and Australia.

LivingSocial said it will use the investments to maintain steady worldwide launches while continuing to service its 10 million subscribers in the US, Canada, U.K. Ireland and Australia.

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- Posted: 2010-12-03 12:36:02

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