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...
Posts Tagged: group buy
In a Challenge to Groupon, Alibaba Takes Daily Deals to Hong Kong and Taiwan
China’s top e-commerce player, Alibaba, also runs the nation’s leading daily deals site. Run under the familiar Taobao brand name and UR...
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...
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....
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...
China’s Boldest Groupon Clone to Launch Open Group Buying Platform: a World First?
Innovation isn’t something you would normally expect fron Tuanbao, China’s most blatant Groupon clone. After all, Tuanbao CEO Re...
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...
Groupon Opens Doors on Another Retail Store, This Time in Hong Kong
The doyen of daily deals, Groupon (NASDAQ:GRPN), opened a new brick-and-mortar store in Hong Kong earlier today. It comes just over four mon...
Meituan Nearing $155 Million/Month in Transactions
After a lively explosion a couple years ago, most of China’s group buy sites have long since died out. But Meituan, which has been a t...
Rumor: Baidu Interested in Buying Aibang
TechWeb yesterday reported quite an interesting rumor: Baidu is interested in buying the commerce search and group buy company Aibang. Aiban...
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...
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...
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...
The Impact of Vietnam’s Fallen Group Buying Star
Although Nhom Mua, Vietnam’s leading group-buying site, is finally back online, the news of its investigation by authorities – and t...
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...
24Quan, Once China’s 5th-Biggest Daily Deals Site, Suspends Operations
The troubled Chinese daily deals site 24Quan.com has announced that it is suspending its business for a few weeks – and that it “...
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