đź”– Deals Amazon $10 for $20 GC

Bru

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Wow. Didn't know how huge this was going to be:

LivingSocial Sells 1.3 Million Amazon Gift Cards
Authored by Mark Hefflinger on January 20, 2011 - 7:59am.
Washington - In the largest deal to date in the social buying space, LivingSocial on Wednesday sold 1.3 million Amazon.com (NASD: AMZN) gift cards.

The nationwide deal charged $10 for a $20 certificate from Amazon, the online retail giant that six weeks ago invested $175 million in LivingSocial.

TechCrunch reported that the approximately $26 million in card value blew away the previous largest deal in the space, a Groupon deal for The Gap that produced $11 million in card value.

Responding to reports of a glitch in its system that may have allowed some people to exceed the limit of one card per customer, CEO Tim O'Shaughnessy told Silicon Alley Insider, "In short, there is no widescale problem of users purchasing more than one gift card voucher."
 
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