Yesterday we reported that Amazon was preparing to purchase an investment stake in daily deal giant LivingSocial, following Google’s $5.3 billion bid for market leader Groupon.
Today, Amazon has announced an investment of $175 million in the site, a deal that will put the two companies in a “deep operating partnership.”
LivingSocial will use the massive cash infusion to expand to more countries.
The site is currently available in the U.S., Canada, the U.K., Ireland and Australia. For those nations, the deals are available in 120 different cities.
LivingSocial says it is expanding at a rate of just under one new city per day. The site has 10 million users.
Rival Groupon is available in 300 cities and has 35 million worldwide users.
Result for: australia
Yesterday we reported that Amazon was preparing to purchase an investment stake in daily deal giant LivingSocial, following Google’s $5.3 billion bid for market leader Groupon.
Today, Amazon has announced an investment of $175 million in the site, a deal that will put the two companies in a “deep operating partnership.”
LivingSocial will use the massive cash infusion to expand to more countries.
The site is currently available in the U.S., Canada, the U.K., Ireland and Australia. For those nations, the deals are available in 120 different cities.
LivingSocial says it is expanding at a rate of just under one new city per day. The site has 10 million users.
Rival Groupon is available in 300 cities and has 35 million worldwide users.
Result for: australia
Last week we reported that the group “Anonymous” had taken down multiple websites relating to anti-piracy firms, starting with the MPAA and AiPlex Software and then taking down the RIAA.
Dubbed “Operation Payback,” the protest revolves around DDoS attacks on the firm’s main sites.
Following on from the other DDoS attacks, another wave has hit anti-piracy sites, this time taking down AFACT, the Australian Federation Against Copyright Theft.
AFACT adds that a large number of sites hosted by their host (Negregistry), have been attacked as well.
8000 sites to be exact. “A lot of these sites are small Australian businesses and Government web sites,” says Negregistry. “They have been affected by this senseless act.”
With that, Operation Payback continues.
