LivingSocial sells ‘superfluous operations’ in Australia, New Zealand

Just a couple months after selling its Spanish operations, LivingSocial is downsizing again, selling off JumpOnIT, its business in New Zealand and Australia.
The Washington Business Journal reports:

A LivingSocial spokesman told me the decision reflects the strategy under new CEO Gautam Thakar: Trimming away superfluous operations in order to refocus the company around the U.S. and Canada, which together make up the company’s most robust and promising market.