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LivingSocial is new round of financing raises fund nearly half or defer IPO
Dispatch oflouis vuitton outlets Netease science and technology On December 8 message, according to foreign media coverage, the 2nd big group of American buys website LivingSocial to belouis vuitton outlets stores in new capital of 176 million dollar already raised money in round financing. LivingSocial the target of this round of financing is 400 million dollar.
Occupy personage of know the inside story to divulge, these capital will be used at daily expenses and business dilate. LivingSocial trades to American louis vuitton 2012 negotiable securities today committee (SEC) a referred document confirmed this one information.
Participate in this round of financing already LivingSocial has shareholder, also have new investor. Magendatong is one of new investor, existinglouis vuitton outlet partner includes: Yamaxun, velocity of light is achieved cast, Revolution Fund, Grotech Ventures and U.S. Venture Partners.
This round of financing willlouis vuitton wallets give LivingSocial in future a few months have enough financial flexibility, in order to decide application makes public collect first (IPO) right turn.
The mostLouis vuitton outlets store online notable is, personage of know the inside story discloses, the capital that place of LivingSocial epicycle financing raises money will be used at the operationlouis vuitton outlets online of the company entirely, the company won't have any to have shareholder or administrator is covered now. Last rounds of financing of this and Groupon hasauthentic louis vuitton outlets very big distinction, groupon the capital of 1 billion dollar that place of last rounds of financing raises money, be used at administrator and other shareholder entirely almost cover now.