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[Translation from English to Japanese ] LivingSocial Acquires Korean Daily Deals Site TicketMonster Online deals w...
Original Texts
LivingSocial Acquires Korean Daily Deals Site TicketMonster
Online deals website LivingSocial has made another bold step towards the Asian market by acquiring TicketMonster, the leading daily deals site in Korea.
The Korean service has been growing fast, reportedly getting takeover offers for some time now. “Some of them are serious and we keep talking to them… But it really comes down to valuation,” said CEO Daniel Shin back in May. And while the financial details of the LivingSocial deal were not disclosed, we can only assume that they were agreeable to Mr. Shin. TicketMonster has 600 employees who are now set to join the LivingSocial team. Tim O’Shaughnessy, the CEO of LivingSocial, commented on the deal in the company’s announcement:
"TicketMonster is one of Korea’s most recognized and trusted brands in the nascent daily deal industry, and we are excited to bring them into the LivingSocial family… TicketMonster and LivingSocial share the same culture of innovation, customer focus and fun, and we believe that the benefits we bring to consumers can be extended to other markets in Asia and around the world.” It was just back in late June when we reported that the company had picked up Indonesian group-buying site DealKeren with its acquisition of Ensogo. That pick up gave the company a presence in Thailand and the Philippines as well.
This is the ninth acquisition for LivingSocial over the past year. We expect that it probably won’t be the last.
Online deals website LivingSocial has made another bold step towards the Asian market by acquiring TicketMonster, the leading daily deals site in Korea.
The Korean service has been growing fast, reportedly getting takeover offers for some time now. “Some of them are serious and we keep talking to them… But it really comes down to valuation,” said CEO Daniel Shin back in May. And while the financial details of the LivingSocial deal were not disclosed, we can only assume that they were agreeable to Mr. Shin. TicketMonster has 600 employees who are now set to join the LivingSocial team. Tim O’Shaughnessy, the CEO of LivingSocial, commented on the deal in the company’s announcement:
"TicketMonster is one of Korea’s most recognized and trusted brands in the nascent daily deal industry, and we are excited to bring them into the LivingSocial family… TicketMonster and LivingSocial share the same culture of innovation, customer focus and fun, and we believe that the benefits we bring to consumers can be extended to other markets in Asia and around the world.” It was just back in late June when we reported that the company had picked up Indonesian group-buying site DealKeren with its acquisition of Ensogo. That pick up gave the company a presence in Thailand and the Philippines as well.
This is the ninth acquisition for LivingSocial over the past year. We expect that it probably won’t be the last.
LivingSocial 、韓国の常時取引サイトTicketMonsterを買収
オンライン取引サイトLivingSocialは、韓国で最大の常時取引サイトTicketMonsterを買収し、アジア市場に大胆にも打って出た。
この韓国のサービス会社は急成長しており、これまでも買収の申し入れを繰り返していた。「中には重要なものもあり、対話を続けていた・・・。しかし結局は査定に至った」とTicketMonster社ＣＥＯのDaniel Shinはこの５月に語っていた。LivingSocial の資金詳細については明らかになっていないものの、社内ではShin氏に賛同したのだろう。
オンライン取引サイトLivingSocialは、韓国で最大の常時取引サイトTicketMonsterを買収し、アジア市場に大胆にも打って出た。
この韓国のサービス会社は急成長しており、これまでも買収の申し入れを繰り返していた。「中には重要なものもあり、対話を続けていた・・・。しかし結局は査定に至った」とTicketMonster社ＣＥＯのDaniel Shinはこの５月に語っていた。LivingSocial の資金詳細については明らかになっていないものの、社内ではShin氏に賛同したのだろう。
TicketMonsterの600人の従業員はLivingSocial に移ることになっている。LivingSocial社のCEO、Tim O’Shaughnessyは、社内アナウンスで以下の通り詳細を報告している。
「TicketMonsterは韓国で最も認知度の高い、信頼のおける新生常時取引ブランドである。同社をLivingSocialの傘下にすることにした。TicketMonsterとLivingSocialは革新・顧客中心主義さらには楽しさといった文化を共有しており、我々が顧客にもたらす利益はアジアおよび全世界のマーケットにまで広がるだろう。」
「TicketMonsterは韓国で最も認知度の高い、信頼のおける新生常時取引ブランドである。同社をLivingSocialの傘下にすることにした。TicketMonsterとLivingSocialは革新・顧客中心主義さらには楽しさといった文化を共有しており、我々が顧客にもたらす利益はアジアおよび全世界のマーケットにまで広がるだろう。」
同社がEnsogoを買収してインドネシアの共同購入サイトDealKeren を手に入れたことをリポートしたのは６月の終わりだった。この買収により、同社はタイとフィリピンにも進出した。
LivingSocial にとって今回の買収は過去一年間で９回目となったお。おそらく今後も続くだろう。
LivingSocial にとって今回の買収は過去一年間で９回目となったお。おそらく今後も続くだろう。
Result of Translation in Conyac
- Number of Characters of Requests:
- 1465letters
- Translation Language
- English → Japanese
- Translation Fee
- $32.97
- Translation Time
- about 12 hours
Freelancer
pashmina
Characteristics of Translations through Conyac
