$LIVE - LiveDeal Inc. Announces Plans to Open livedeal.com to All Cities Worldwide to Meet Increased Demand from Restaurants and Consumers
LAS VEGAS--(BUSINESS WIRE)--March 12, 2014-- LiveDeal Inc. (NASDAQ: LIVE) ("LiveDeal" or the "Company"), is a publicly traded company that operates livedeal.com, a geo-location based mobile marketing platform that enables restaurants to publish "real-time" and "instant offers" to nearby consumers. The Company today announced that it is engineering the LiveDeal mobile marketing platform in order to make it available to consumers and restaurants internationally to meet the demand for such services that we have received in response to our launches. The expected April launch of the updated platform is considered by the company to be a re-launch of LiveDeal.com.
The recent successful launch of the LiveDeal.com mobile marketing deal engine in four major US cities (San Diego, Los Angeles, San Francisco and New York City) has created a veritable flood of enthusiastic inquiries. Both restaurants and consumers have requested livedeal.com in their own city, including cities from all over the world.
This demand has prompted LiveDeal management to accelerate development of an updated LiveDeal platform to prepare for this national and international growth. The updated platform will include a robust feature set that will enable worldwide adoption. An intuitive search feature will also be added as part of the feature set, which will enable users to search for great places to dine both locally and in other cities. Furthermore, the mobile iOS and Android apps, which are slated to be released in the coming weeks, will include global search capability so that consumers can view deals in any city on their mobile device.
Jon Isaac, President and CEO of LiveDeal commented; "We are very pleased at the pace with which nationwide and international demand is accelerating and attribute this to the desire among consumers and restaurants to have an almost effortless process in which to create and redeem deals." He added, "We believe that the ease of use of our platform is attracting consumers and restaurants that may have found currently available deal platforms to be cumbersome for users and too expensive for restaurants."