Posts Tagged: deals

China's daily deals market 2013

China’s Daily Deals Market Hits $1.7 Billion in Q1, Not So Fragmented Any More

It’s time to check back in with China’s massive daily deals industry and see how all the Groupon-like sites are progressing in Q...

  • May 27, 2013
  • at 1:00 pm
Read More
Baidu new daily deals site

Baidu Launches a Daily Deals Site (But Not for the First Time)

We tend to write about daily deals sites in China shutting down, not opening up. So this week’s quiet launch of a new deals portal run...

  • February 28, 2013
  • at 12:51 pm
Read More
Taobao Juhuasuan sales revenue

China’s Top Daily Deals Site Sees $3.3 Billion in Sales in 2012

After the initial kerfuffle over Groupon clones in China a couple of years ago, the daily deals sector in the country ended up being dominat...

  • January 7, 2013
  • at 4:15 pm
Read More
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
Read More

Groupon China Rumored to Bring Daily Deals into WeChat App

Now that Groupon’s (NASDAQ:GRPN) official China site, Gaopeng, is effectively controlled by Tencent, the country’s biggest web c...

  • November 15, 2012
  • at 3:00 pm
Read More

Singapore’s Sprooki Raises $483,000, Looks to Bring Location-Based Deals to Philippines Next

Singapore-based Sprooki is a location-based mobile commerce service that lets retail shops send targeted messages and promotions to potentia...

  • October 29, 2012
  • at 12:45 pm
Read More

With Social Discounts, Stilomo Hopes to Freshen Up the Indonesian Daily Deals Market

One of the first Jakarta Founder Institute graduates,, which attracted angel investment a few months ago, has finally launched o...

  • October 24, 2012
  • at 9:00 am
Read More

Another Groupon Clone in Indonesia? No, Uluyu is Different

We have covered a lot of Groupon clones in Indonesia, and now one has come to rapid prominence in just seven months into its business. In No...

  • June 26, 2012
  • at 7:00 pm
Read More

Meituan Reveals $50 Million+ in Monthly Transactions After Being Accused of Sales Fraud

A local newspaper in China recently accused Meituan, the country’s largest daily deals site, of fraudulently inflating its transaction...

  • June 6, 2012
  • at 2:30 pm
Read More

China’s Top Make-Up Deals Site on Track to $100 Million in Profit for 2013

If you asked 100 Chinese people where they buy online deals for discounted restaurant meals, then I suspect most would give wildly different...

  • March 12, 2013
  • at 4:30 pm
Read More

In China’s Daily Deals Market, You Now Need $32+ Million Monthly Revenue to Be a Player

We’re following China’s daily deals market very closely, digging into quarterly market share data as soon as we can get our hands on it....

  • February 8, 2013
  • at 10:12 pm
Read More

One Chinese Daily Deals Site Finds Unobtainium, Holy Grail, and Profitability

China’s daily deals market is about as crowded as a Beijing bus in a rainy rush hour, and so a lot of Groupon-like sites are struggling on...

  • December 27, 2012
  • at 7:39 pm
Read More

Mogujie Looks Beyond Pinterest Roots, Launches Daily Deals Channels

Entering China’s ferocious daily deals sector – where thouands of sites go out of business every year – seems about as att...

  • November 21, 2012
  • at 4:30 pm
Read More

Alibaba Capital and Citi Ventures Lead Series D Funding into China’s DDMap

Just six months after Chinese deals and listings company DDMap attracted $40 million in funding, it has now wrapped up another major round, ...

  • November 1, 2012
  • at 2:05 pm
Read More

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
Read More

Meituan: $66 Million in Sales in June, Profitable by Year’s End

Many people are massively skeptical of Chinese group buy sites – both the sustainability of the industry as a whole, and the veracity ...

  • July 3, 2012
  • at 2:30 pm
Read More

No Deal! Lashou Withdraws Its US IPO Filing

One of China’s top daily deals site, Lashou, prides itself on selling attractive deals to its users. But its biggest ever deal –...

  • June 20, 2012
  • at 9:48 pm
Read More

Focusing on Mobile and Local Discounts, DDMap Bags $40 Million in Funding

Chinese online city listings company DDMap has today revealed a new and sizable round of funding. CEO Xu Longjiang, talking to Chinese media...

  • April 30, 2012
  • at 2:30 pm
Read More