Posts Tagged: 24quan

24Quan Closes For Good

Chinese group buying site 24Quan, once in the country’s top five deals sites, has been in the rough for some time now, and it suspende...

  • January 11, 2013
  • at 8:00 am
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Groupon China’s New Owner Nets $40 Million in Funding for Daily Deals Expansion

You might recall that in June of this year, Groupon China was merged with larger daily deals rival FTuan into a company called GroupNet. And...

  • October 26, 2012
  • at 9:53 pm
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Executives Leaving China’s Group Buy Industry

It’s no secret that group buy is more or less in shambles in China for everyone but a few of the top players. But it seems even some o...

  • May 9, 2012
  • at 2:12 pm
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24quan in Trouble? CEO Du Yinan Responds

Last week we wrote about some of the concerning reports circulating on the net about group buy site 24quan’s, ahem, “restructuri...

  • November 28, 2011
  • at 11:10 am
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China’s Top 20 Daily Deals Sites – and Who Has the Hottest Deals?

In updated stats from group buy deal aggregator DaTaoTuan which go right up to the end of August, we get a new snapshot of China’s fra...

  • October 1, 2011
  • at 11:00 am
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China daily deals market share 2012

Huge Consolidation of Market Share in China’s Daily Deals Sector [CHARTS]

We’ve been seeing China’s hotly-contested daily deals industry settle down a bit in the past year – and now new data for 2...

  • November 22, 2012
  • at 4:35 pm
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24Quan, Once China’s 5th-Biggest Daily Deals Site, Suspends Operations

The troubled Chinese daily deals site has announced that it is suspending its business for a few weeks – and that it “...

  • October 19, 2012
  • at 8:20 pm
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China’s Daily Deals Market Sees Three Local Winners Emerge

Updated stats for China’s fierce group-buy market seem to suggest that we can now crown a triumvirate of winners – Lashou, Meitu...

  • December 5, 2011
  • at 1:45 pm
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Chinese Group Buy Scam: 24quan Closing Offices, Withholding Wages, Ignoring Debts

Last month at Techcrunch Disrupt, Du Yinan of the group buy site 24quan surprised us all by saying that even in the midst of a market so har...

  • November 16, 2011
  • at 3:00 pm
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