$LIVE: LiveDeal, Inc. Shows Explosive Growth Into
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May 02, 2014 09:00:00 (ET)
LiveDeal, Inc. Shows Explosive Growth Into 35 US Cities Ahead of Retail Sales Expansion
NEW YORK, NY--(Marketwired - May 2, 2014) - LiveDeal (NASDAQ: LIVE) continues to be just what the restaurant industry ordered. Business owners find the company's unique real-time online/mobile deal engine to be a value added solution to driving customers to their doors when they most need them. So much so, that in 7 short months LiveDeal has gone from launching www.livedeal.com in the dining industry with offers solely in San Diego, to now reaching at least 35 major US cities.
In that list, is each of the top 20 cities in the US except El Paso. So, LiveDeal is now reaching consumers in the 10 largest population centers in the country including; New York City, Los Angeles, Chicago, Houston, Philadelphia, Phoenix, San Antonio, San Diego, Dallas and San Jose. These 10 cities alone account for about 25 million Americans.
LiveDeal's ability to attract restaurant deals in 35 of the most populated cities in the US bodes well for its planned expansion into retail sales. This quick growth should be seen as an endorsement by restaurant owners that LiveDeal's concept works and that many businesses find it just makes more sense than to work with larger deal sites charging exorbitant fees, giving business owners little to no control over their own promotions and that send customers to them often when they need them the least.
When the company expands to offer both restaurant deals and deals with products and services, this fast growth should begin to be even more explosive. Adding products to LiveDeal's platform in the areas of fashion and jewelry, health and beauty, electronics, home, and even children's products will help to boost user traffic and user acquisition.
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SMMG is a Research and Content Development IR firm that offers a platform for corporate stories to unfold in the media with Reports, Interviews and Articles. This article is SMMG's opinion and was written based upon publicly available information. LiveDeal hasn't endorsed or compensated SMMG for this article. SMMG is compensated for LiveDeal content by a third party who reserves the right to buy, sell or remain neutral on securities at any time before, during, or after the publication of this article. To date, SMMG has received total compensation of $43,880 for LiveDeal content. For information visit: www.stockmarketmediagroup.com.
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May 02, 2014 09:00 ET (13:00 GMT)