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...
Posts Tagged: deals
In Chinese E-Commerce and Daily Deals Industry, Outsourcing Makes Enemies into Frenemies
There’s a new trend in the e-commerce and group buying – aka: daily deals – space in China for former rivals to work toget...
Why Chinese Consumers Can’t Resist Movie Ticket Deals [INFOGRAPHIC]
The Infographic of the Day series visually expresses important stories from Asia and the world of technology. When we looked at the most rec...
Deals On Demand: Handsup Lets You Create Your Own Discounted Deal
Unlike the common group-buying websites in China, Handsup.cn has an interesting new spin. It is the first domestic site that allows consumer...
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...
Innovation Works’ Buding Start-Up Gets Its Just Desserts, Some A-Round Funding
The Innovation Works-incubated start-up Buding – aka ‘Pudding’ in English – has received A-round financing for its o...
Taobao’s Daily Deals Site Grows Up, Spins Off
Alibaba has today announced that its group buy site, Taobao Ju Hua Suan – meaning Taobao group bargains – is going to be spun of...
Rumor: Chinese Daily Deals Site Lashou.com Bracing for Huge Jobs Lay-Offs
Today, the Chinese media is reporting rumors from reliable sources that Lashou, one of China’s leading indie group buy sites, is about...
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...
Rumor: 360Buy Wants to Outsource Its Daily Deals Portal
There’s a rumor in China’s online retailing industry that 360Buy, the country’s second-biggest B2C e-commerce site, is see...
Daily Deals Market in China Sees Groupon Failing Badly, Movie Tickets in Demand
Group-buy aggregators and analysts Dataotuan are back in action, tracking 125 deals sites throughout January to find the latest trends among...
More Consumers Turn to Group Buying Sites for Chinese New Year Dinner Deals
Despite a tough year for many group buying sites in China – including lots of terrible publicity such as huge spikes in customer compl...
Rumor: Lashou Mall to Launch Next Week, Disrupt E-Commerce in China
Lashou, one of China’s leading group-buy sites, is rumored to be expanding into the more conventional e-commerce segment next week wit...
Dianping Gets Glowing Review From Chinese VCs
The Chinese group buying and venue review site, Dianping.com, has been awarded the title of “Chinese web company with the most investm...
Report: 42.2 Million Chinese Use Daily Deals Sites [STATS]
The China Internet Network Information Center (CNNIC) has today released a paper entitled 2011 China Group Buy Users Investigative Report wh...
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...
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