Google, LivingSocial acquire shopping deals sites

Google is expanding in the U.S., while LivingSocial plans an acquisition in South Korea

Google and LivingSocial are expanding in the booming shopping discounts market with new acquisitions announced Monday.

The Dealmap, an aggregator of shopping deals, said on Monday that it has been acquired by Google for an undisclosed amount. The acquisition of the Menlo Park, California, company could help Google grow its presence in the U.S. deals market which it entered in June with Google Offers.

Dealmap brings together deals, discounts, and coupons from a variety of sources and plots them on a map of the U.S. Besides offering this information through its website and e-mail, Dealmap offers apps for Android phones, and Apple's iPhone and iPad. It claims over 2 million users.

"We are impressed with what The Dealmap team has accomplished and excited to welcome them to Google," Google said in an e-mailed statement. "We've been thrilled with the early success of our commerce offerings, and we think they can help us build even better products and services for consumers and merchants," it added.

Dealmap said it would continue to support its core products and partner services. It does not however accept new deals from users and businesses on its website or mobile apps, and redirects interested business owners to submit deals to Google Offers.

"As we're ready to share more about integration and transition plans, we'll update our partners and consumers on progress and any news," Dealmap said.

Google started testing Google Offers in June in Portland, Oregon. Its answer to Groupon now covers several U.S. cities including Portland, San Francisco, and New York. It plans to extend the service in Austin, Boston, Denver, Seattle and Washington D.C.

LivingSocial, a company in Washington D.C., specializing in daily deals and other discount schemes, is meanwhile expanding in Asia. It said on Monday that it had signed a definitive agreement to acquire TicketMonster, a social commerce website in South Korea that offers daily and instant deals, travel packages, and events to more than 2 million members in Korea and Malaysia.

LivingSocial already operates in 23 countries, including in the Philippines, Thailand, and Indonesia where it also made acquisitions.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags business managementMergers and acquisitionsinternetGoogleLivingSocialInternet-based applications and services

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?