LiveDeal Inc. announced that its “instant” real-time deal engine has been experiencing a dramatic increase in user traffic, recording a 43 percent growth during February 2014 as compared to the user traffic during January 2014. LiveDeal also witnessed a huge increase in the usage of its mobile marketplace with a 154 percent increase during February 2014 as against the usage in January 2014. Further, the company reported that voucher redemption has also increased by 44 percent.
In a statement, Jon Issac, CEO at LiveDeal, said, “We are very pleased with the growth in LiveDeal.com users to date. We attribute the platform's growing marketplace acceptance to being a reflection of both the desire consumers have to access 'instant deals' from local restaurants and the simplicity which livedeal.com brings to the process of grabbing the offers. To meet the growing demand for a better restaurant deal platform we plan to make it possible for international expansion whereby LiveDeal can be adopted in any city in the world.”
The development signifies the positive outcomes of the company’s efforts to strengthen the LiveDeal brand by attracting more and more customers to use its online and mobile marketplace. With the growing acceptance of its online and mobile platforms, the company continues to extend its coverage to a new city at regular intervals to bring new deals from the local restaurants to the consumers in these cities. The real-time deal concept has been highly popular not only with the consumers but also with the merchants.
To support the growing user traffic across all its platforms, the company further announced its plans to launch an enhanced version of its "real-time" deal platform with more features and functionality. The enhanced platform is expected to facilitate the increased usage of the platform not only in the U.S. but across the world.
LiveDeal Inc. is the first deal engine in the world providing a real-time Web marketplace to connecting consumers with the deals offered by the restaurants in their locality. The company only offers live or limited period deals enabling consumers to redeem the deals instantly.
Edited by Alisen Downey
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