LivingSocial Redefines Social Adventure With Acquisition of Urban Escapes Unique, Exclusive Experiences Now Offered to LivingSocial's Network of 10 Million Subscribers

WASHINGTON, Oct. 19 /PRNewswire/ -- Leading social shopping site LivingSocial (www.livingsocial.com) today announced the acquisition of social adventure company Urban Escapes. LivingSocial will now be able to exclusively offer its 10 million subscribers-strong worldwide community a host of diverse, fun and unique adventures and experiences, produced by a team of on-the-ground experts.

"By working closely with merchants in all of our markets, LivingSocial has helped thousands of people across the country experience fun and exciting things to do in their neighborhood," said Tim O'Shaughnessy, CEO and Co-Founder of LivingSocial. "With the acquisition of Urban Escapes, we will now have the ability to help curate some amazing experiences and adventures exclusively for our members."

From "Zen Escape Yoga Hikes" to "Boulder and Brew Tours™," Urban Escapes redefines social adventure, and its unique itineraries promote a fun and active lifestyle and a chance to escape the day-to-day rat race. Urban Escapes staff will work directly with LivingSocial representatives in five introductory markets designing and creating one-of-a-kind experiences and adventures for LivingSocial customers.

"People who use LivingSocial are already looking for fun, new things to do in the area they live or where they're visiting," said Maia Josebachvili, founder and president of Urban Escapes. "We're passionate about organizing experiences you could never arrange on your own and this acquisition is the perfect opportunity for us to expand these completely unique, guided experiences around the globe."

As the premiere local activity discovery engine, LivingSocial lets anyone find restaurants, shops, activities and services popular in their area at a savings of 50% to 70%. Handpicked adventures from Urban Escapes offer unique adventures and experiences at affordable prices to the LivingSocial community.

Terms of the deal were not disclosed.

For a full list of markets where LivingSocial is live or to sign up your location, go to http://www.livingsocial.com.

About LivingSocial

LivingSocial is the commerce leader behind LivingSocial Deals, a social buying program that invites people and their friends to save up to 50% to 70% percent each day at their favorite restaurants, spas, sporting events, hotels and other local attractions in major markets.  LivingSocial has an extensive subscriber base of 10 million, and is headquartered in Washington, D.C. To sign up for Deals in your market, or to find out more information about LivingSocial, visit www.livingsocial.com. You can also follow LivingSocial on Twitter at www.twitter.com/livingsocial.

SOURCE LivingSocial



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