LivingSocial buys majority stake in Dealissime
US internet coupon company LivingSocial has bought a majority stake in French start-up company Dealissime for an undisclosed amount that is reportedly more than the EUR 3 million Dealissime was preparing to raise, Les Echos writes. Dealissime, which has 25 employees and was founded by two 28 year-old women in 2010, is aiming for a EUR 10 million revenue this year, notably by extending its services to more cities. Dealissime co-founder Lara Royres said that LivingSocial's backing should accelerate developmen
