NEW: Find great deals on the latest gadgets and more in the ScienceDaily Store!
Science Videos
from news services

Amazon Downgrades Investment in LivingSocial

February 4, 2014
TheStreet / Powered by
LivingSocial was once among the toast of the startup world, shooting revenue past $500 million and stirring up talk of an IPO with a $15 billion market cap. Now, however, Amazon is downgrading its investment in almost a third of the daily deals site to zero. And the company, currently without a CEO, is cutting failed business lines as it tries to right-size itself after a big divestiture. Video provided by TheStreet
Related Videos

Share This Page:

Computers & Math News
October 28, 2016

Latest Headlines
updated 12:56 pm ET