LivingSocial likely to give up on Egypt, Lebanon, and the United Arab Emirates
Skift Take
With early investors backing out of Groupon and other sites re-evaluating their rapid expansions over the past two years, it's certainly not a good week to be in the local online coupon business.
LivingSocial, the online business that offers deals and discounts on a range of commercial products, is looking to exit the Middle East market, according to a report Sunday in Abu Dhabi daily newspaper The National.
In an email to employees, Eric Eichmann, the company's president of international operations, explained that because LivingSocia
