Livingsocial*getaways
: As the global economy improved post-recession, consumers moved away from "flash sale" sites toward more traditional booking platforms.
LivingSocial on why group buying works for the travel industry livingsocial*getaways
By 2012, the novelty began to wear off. The company faced a class-action lawsuit over expiring vouchers and struggled with massive losses, dropping nearly $500 million in 2011 despite high revenue. : As the global economy improved post-recession, consumers