Boston, MA 05/29/2014 (wallstreetpr) – LiveDeal Inc. (NASDAQ:LIVE) has announced it has reached a milestone on its mobile platform with 10,000 restaurant deals that are currently available in over 8,000 dining locations, in over 35 U.S cities. It is a positive landmark achievement for the company having reached 5,000 deals in New York San Francisco and San Diego. The company remains buoyed on the level that restaurants are adopting its geo-location base deal engine. Thousands of deals continue to be routinely uploaded onto its platform in time for local consumers to have a clear view and participate.
LiveDeal Ups its Procurement Team
LiveDeal Inc. (NASDAQ:LIVE) has assembled an experienced procurement team that continues to work overtime in advising and educating restaurant owners on the need to join the geo-location platform. The platform has already generated fruits for restaurants that continue to identify new opportunities while also developing relationships with new customers.
Reaching the milestone, is a great achievement for LiveDeal that is making a statement on the benefits of the well-designed architecture of the deal engine. The mobile platform continues to offer restaurants full control of their own promotion campaigns consistently attracting new clients to their businesses. It is only recently that the company landed a lifetime incredible opportunity to gain recognition in the global financial markets after being added into Morgan Stanley Capital International’s Global index.
LiveDeal Added into Morgan Stanley International Index
Its addition into the list will be effective as of the close of market on May 30, 2014 with investors expected to enjoy greater liquidity and price appreciation as a result of the move. Morgan Stanley Capital International indices’ is normally used as a benchmark in the measuring of the performance of the global equity portfolio.
LiveDeal Inc. (NASDAQ:LIVE) is expected to benefit a great deal after being enjoined in a list of exclusive companies that are constantly garnering worldwide attention from hedge funds and pension plans. Addition of LiveDeal demonstrates the progress the company has made over the last eight months consequently catching the attention of Morgan Stanley. The company has now shifted its attention in a bid of focusing squarely on competing on the online mobile space that continues to offer great growth opportunities.
