LiveDeal Inc., Launches livedeal.com in San Francisco, CA
January 09 2014 - 9:35AM
Marketwired
LiveDeal Inc., Launches livedeal.com in San Francisco, CA
LAS VEGAS, NV--(Marketwired - Jan 9, 2014) - LiveDeal Inc.
(NASDAQ: LIVE) ("LiveDeal" or the "Company"), a publicly traded
company that operates livedeal.com, an innovative platform using
geo-location to enable businesses to communicate real-time and
instant offers to nearby consumers, today announced that it has
launched livedeal.com in San Francisco, CA.
After highly successful launches in San Diego and Los Angeles in
Q4 of 2013, with over 1000 participating restaurants now leveraging
the livedeal.com platform, LiveDeal launches into the San Francisco
market with hundreds of new restaurant clients and a groundswell of
mounting support. The San Francisco market has the highest number
of restaurants per capita in the U.S. (2010 U.S. Census).
Restaurants gain the ability to curate and control their own
customized offers to customers via livedeal.com's unique, real-time
"deal engine." Unlike Groupon or Living Social, individual
customers transact directly with the restaurant thereby eliminating
LiveDeal as an intermediary in the sale. LiveDeal Inc. plans to
continue its expansion into major metropolitan regions throughout
2014.
"Capturing the San Francisco market is a major milestone for
LiveDeal as it validates our expansion model throughout California.
With the highest number of restaurants per capita in the U.S., San
Francisco represents a major market share win for LiveDeal," said
Jon Isaac, President and CEO of LiveDeal. "We are very pleased with
the market's response to date as evidenced by strong restaurant and
consumer adoption rates, deal flow and overwhelmingly positive
feedback. We continue to see better-than-expected results in return
visitors and larger restaurant chains continue to provide LiveDeal
with exclusive deals previously unavailable to the public. Our
visionary brand expansion continues along with strong traffic
growth to livedeal.com," Mr. Isaac continued.
What is livedeal.com? livedeal.com is a unique, real-time "deal
engine" connecting merchants with consumers. The Company believes
that it has developed a first-of-its-kind web/mobile platform
providing restaurants with full control and flexibility to
instantly publish customized offers whenever they wish to attract
customers. The website includes a number of user and
restaurant-friendly features, including:
- an intuitive interface enabling restaurants to create
limited-time offers and publish them immediately, or on a preset
schedule that is fully customizable;
- state-of-the-art scheduling technology giving restaurants the
freedom to choose the days, times and duration of the offers,
enabling them to create offers that entice consumers to visit their
establishment during their slower periods;
- advanced publishing options allowing restaurants to manage
traffic by limiting the number of available vouchers to
consumers;
- superior geo-location technology allowing multi-location
restaurants to segment offers by location, attracting customers to
slower locations while eliminating potential over-crowding at
busier sites; and
- a user-friendly mobile and desktop web interface allowing
consumers to easily browse, download, and instantly redeem "live"
offers found on livedeal.com based on their location.
Restaurants can sign up to use the LiveDeal platform at the
Company's website (www.livedeal.com).
About LiveDeal Inc. LiveDeal Inc. provides marketing solutions
that boost customer awareness and merchant visibility on the
Internet. LiveDeal operates a deal engine, which is a service that
connects merchants and consumers via an innovative platform that
uses geo-location, enabling businesses to communicate real-time and
instant offers to nearby consumers. In November 2012, LiveDeal
commenced the sale of marketing tools that help local businesses
manage their online presence under the Company's Velocity Local™
brand. LiveDeal continues to actively develop, revise, and evaluate
these products and services and its marketing strategies and
procedures. For more information, visit www.livedeal.com.
Forward-Looking and Cautionary Statements This press release
contains "forward-looking" statements that are based on present
circumstances and on LiveDeal's predictions with respect to events
that have not occurred, that may not occur, or that may occur with
different consequences and timing than those now assumed or
anticipated. Such forward-looking statements, including any
statements regarding the plans and objectives of management for
future operations or products, the market acceptance or future
success of our products, and our future financial performance, are
not guarantees of future performance or results and involve risks
and uncertainties that could cause actual events or results to
differ materially from the events or results described in the
forward-looking statements. Forward-looking statements are made
only as of the date of this release and LiveDeal does not undertake
and specifically declines any obligation to update any
forward-looking statements. Readers should not place undue reliance
on these forward-looking statements.
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