Living Social is an online marketplace, similar to Groupon, which offers unique deals every day and lets users share local deals every day. The company is based in Chicago & was started in 2007 under the name ‘Hungry Machine’, revolutionized the eCommerce industry with a unique business model.
The online service marketplace is one of the most profitable business models nowadays. There are many reasons behind the success of this business. In this article, I am going to share the on-demand service marketplaces business detail. Let's start with the introduction.