LivingSocial Offers 50% Off at Amazon




A little more than a month after Amazon invested $175 million in the startup, LivingSocial is offering users a deal to purchase a $20 gift card to Amazon.com for $10.

The deal is available to LivingSocial members in all 170 markets and runs from now until 8 a.m. ET on Thursday.

More than 230,000 vouchers have been purchased two hours after the offer went live, meaning that the deal has already generated $2.3 million in gross sales for the startup — not bad, especially given that members are limited to one voucher per person.

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