LivingSocial nabs the Middle Eastern market from Groupon

Daily deals site LivingSocial announced today the acquisition of pan-Arab deals site GoNabit for an undisclosed sum.

GoNabit, based in Dubai and operating in the United Arab Emirates, Kuwait, Egypt, Lebanon and Jordan, has an Arab-language interface that helps reach regional shoppers who have eluded LivingSocial rival Groupon. The relationship is symbiotic: While GoNabit helps LivingSocial tap the lucrative Middle Eastern market, LivingSocial will help GoNabit develop a more functional payment processing system.

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