1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. South Korea >
  5. LivingSocial Acquires TMON

M&A Deal Summary

LivingSocial Acquires TMON

On August 1, 2011, LivingSocial acquired e-commerce company TMON

Acquisition Highlights
  • This is LivingSocial’s 1st transaction in the E-Commerce sector.
  • This is LivingSocial’s 1st transaction in South Korea.
Investment Fate
  • TMON was divested to a consortium of strategic buyers in 2013 for 260M USD.
  • TMON was sold to a consortium of buyers in 2015.
  • TMON was sold to a strategic buyer in 2022.

M&A Deal Summary
Date 2011-08-01
Target TMON
Sector E-Commerce
Buyer(s) LivingSocial
Deal Type Add-on Acquisition

Target

TMON

Seoul, South Korea
TMON is a mobile-first, e-commerce platform that provides a premium online and mobile shopping experience to customers across South Korea. TMON offers a curated selection of discounted items across the categories of Goods, Local Services, and Travel. TMON was founded in 2010 and is based in Seoul, South Korea.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

LivingSocial

Washington, District of Columbia, United States
Category Company
Founded 2007
Sector E-Commerce
DESCRIPTION

LivingSocial, Inc. is an online marketplace to buy and share things to do in your city and beyond. Company provide a trusted, convenient source for finding value on everyday items and activities and identifying novel, enriching and fun experiences to enjoy and share with friends.

DEAL STATS #
Overall 3 of 4
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
Country: South Korea M&A 1 of 1
Year: 2011 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-27 Ensogo Holdings

Indonesia

Ensogo is a social shopping website operating in Thailand, Philippines, and Indonesia. The Company was formed in 2010 and is based in Indonesia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-27 ONOSYS Online Ordering System

Cleveland, Ohio, United States

ONOSYS Online Ordering System is a veteran developer of enterprise-level online ordering systems for restaurants.

Buy -
Mergr

Solution for

Product

Company

Legal