Financial terms of the deal were not disclosed.
LivingSocial already had been a minority owner of the three-year-old company, buying a 31 percent stake for $5 million in 2010, the paper reported.
Jump On It, founded in 2009 by Colin Fabig, James Gilbert and Adam Rigby, will operate a subsidiary of LivingSocial, retaining its brand.
This article was also published in Potomac Tech Wire.
Sydney Morning Herald – LivingSocial jumps on Australian group-buying outfit
Daily Deal Media – LivingSocial Australia Officially Acquires Jump On It