Top Groupon (GRPN) rival LivingSocial raised $176M in a private offering that featured...

|By:, SA News Editor

Top Groupon (GRPN) rival LivingSocial raised $176M in a private offering that featured investments from Amazon (AMZN) and ex-AOL CEO Steve Case. Amazon's move comes 8 months after it took part in a $400M funding round, and a year after it made a $175M investment; and it comes in spite of the recent rollout of the e-commerce giant's AmazonLocal daily deals product. (October filing)