The Germany based Rebate Networks which is specialised on building Groupon clones has sold five of its services. Of those LivingSocial bought the Philippines based Ensogo and the Thailand based Dealkeren. The latter is operated by Ensogo.
Rebate Networks also sold sites which are based in Japan, Indonesia and the Ukraine. Rebate Networks still owns 24 Groupon clones in as many countries.
In the meantime LivingSocial is as well preparing for an IPO at a $10+ billion valuation.
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- Amazon Onboard with Groupon Clone Living Social for $175 Million
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