NEW YORK, April 12, 2011 /PRNewswire/ -- LivingSocial, the online source for handpicked experiences at a value, and Next Jump, the leading provider of employee rewards and loyalty programs, today announced LivingSocial will make its exclusive, handpicked daily offers available to the millions of customers in the Next Jump network. The deal was completed and announced today by the two companies. Terms of the deal were not disclosed.
Within the next few months, LivingSocial deals will be available through Next Jump's loyalty and rewards programs -- currently in place with more than 90,000 networks such as MasterCard MarketPlace™ and Hilton HHonors® -- for a reach of more than 100 million eligible users. In addition to handpicked deals, customers will also have the opportunity to earn WOWPoints™ for each offer -- worth real money and redeemable on any of the thousands of items offered on NextJump's sites.
Said Charlie Kim, CEO and Founder of Next Jump, "We are always on the lookout for ways to enhance the products we offer to our customers. We were incredibly impressed by the LivingSocial team and their relentless pursuit of finding and delivering the highest quality offers to their users. Our engineering teams are also well-aligned, and we look forward to a close integration with them as we focus on technological advancements in local, mobile and social product development."
Added Tim O'Shaughnessy, CEO and Co-Founder of LivingSocial, "By working together, LivingSocial and Next Jump have the opportunity to further promote local commerce throughout the US and beyond. Next Jump has an unequaled network of loyal shoppers who will now have access to our handpicked daily offers and experiences that introduce them to the best local merchants and earn them WOWPoints."
About Next Jump
With one of the largest Internet engineering teams on the east coast, Next Jump has quietly created a world class, next generation shopping platform adopted by MasterCard and most Fortune 1000 companies. Its eco-system of blue-chip brands and high-value shoppers have made it the go-to source for loyalty and rewards programs for Dell, Borders and Hilton Hotels, and numerous others, as well as similar programs for membership organizations like AARP. Next Jump was founded by Charlie Kim, CEO and is based in New York City. For more information: www.nextjump.com.
LivingSocial adds surprise to every calendar with handpicked daily deals you can share with friends. Members enjoy deep discounts on the coolest, local experiences. Local business owners get an easy and cost effective marketing tool to attract new, loyal customers. In 2010, one of the fastest growing companies in the space expanded with LivingSocial Escapes offering a "vacation in a box" for easy weekend trips at great value. Based in Washington, DC, the international brand has saved more than 26 million subscribers nearly half a billion dollars in +250 markets worldwide. Please visit www.livingsocial.com for additional information. For a full list of markets where LivingSocial is live or to sign up your location, go to http://www.livingsocial.com. Follow us on Twitter at twitter.com/livingsocial.
Susan C. Lietz, Next Jump, Inc.
212.685.7101, ext. 128
Maire Griffin, LivingSocial
SOURCE Next Jump