Question: are livingsocial and groupon the same?
Answer: Today, Groupon announced it would acquire LivingSocial, its onetime big rival that was partly owned by Amazon, for an undisclosed sum. ... The LivingSocial deal, which is expected to close in November 2016, is “not material” to Groupon's earnings, meaning it is small enough that Groupon does not have to disclose the price.