LivingSocial will expand beyond the daily deals that built the brand to a website and mobile application that offer a lengthy list of ongoing deals that people can scour when they're searching for a particular product or service. "What we hear from consumers is they want more great deals from us, and so a big part of what you're seeing is greatly expanding the selection of inventory that we're able to offer our users on a day-in, day-out basis," said Jake Maas, LivingSocial's senior vice president of product and operations.

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