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Can LivingSocial Reignite Its Once Bright Future?

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August 21, 2013 AT 11:29 AM
It has certainly been a rough 2013 for LivingSocial. The daily deals company had to cope with an erroneous report about its $110 million funding round, a hack of customer information and a sloppy shutdown of its local-events business. And, of course, the growing perception by many investors and consumers that daily deals companies are doomed.