D.C.’s LivingSocial expanding

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D.C.’s shopping deals website LivingSocial has announced it is expanding into six new markets across the country. The website, a rival to Groupon, recently won a $175 million investment from Amazon. According to sources, the site is the second largest player in the daily deals market, and is reportedly on track to report “well over” $500 million in revenue next year.

LivingSocial’s new markets are: Durham/Chapel Hill, N.C.; South Bend, Ind.; Hartford, Conn.; Rochester, N.Y.; Flint, Mich.; and Lincoln, Neb. LivingSocial is available in more than 120 markets in the U.S., Canada, Britain, Ireland and Australia with more than 10 million subscribers worldwide.

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