June 27, 2011
Our very own DC-based LivingSocial announced this morning that it has acquired Ensogo, the market-leading deal site in Thailand and the Philippines; DealKeren, an Ensogo company based in Indonesia; and GoNabit, a daily deal pioneer with a presence in four Middle Eastern countries.
LivingSocial also introduced Daily Deals in the Netherlands, bringing their country presence up to 21. The only continent they’re missing: Antarctica. Think penguins are interested in daily deals?
“As with previous acquisitions, LivingSocial has again chosen to align with local companies that possess similar values and ways of doing business,” said Tim O’Shaughnessy, CEO and co-founder, LivingSocial. “We are excited to enter the dynamic Asian market and our presence in the Middle East and the Netherlands further strengthens our strategic global efforts to bring LivingSocial values to members across the globe.”
A little background on these newly acquired companies:
Ensogo is the No. 1 social shopping website in Thailand, Philippines, and Indonesia and currently serves more than 800,000 members. Ensogo members have saved more than $25 million USD in the past year; they are backed by Rebate Networks, a leading international VC specializing in the social commerce space.
GoNabit is currently the leading daily deal provider based in United Arab Emirates. They provide mom- and dad-approved offers for children and parents via Dubai Family and travel-specific deals through GoNabit Getaways. GoNabit members are in Abu Dhabi, Amman, Dubai, Beirut, Cairo and Sharjah Ajman; they have saved more than $5 million USD in the past year.
Terms of the deals were not released.
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