Meituan Pads its Lead in Chinese Group Buy Space

Here is another insightful monthly report on China’s group buy space from the good folks over at Dataotuan. As we noted last month, market leaders have emerged and are beginning to stand out from the crowd.

The figures for March show that Meituan has further solidified its top position, moving up to hold 17 percent of the market from the 15 percent it held the month before (see interactive chart below, Meituan in blue). 55tuan, Dianping [1], and Lashou remain just behind as the other big players. You can see the entire market breakdown in the chart below.

Dataotuan notes for the first quarter of 2012, the total revenue in the daily deal market was about 4.5 billion RMB, with the top 20 websites accounting for 95.4 percent of that total. The four leading players now account for a sizable share of this revenue, and I encourage you to check out Dataotuan’s full report for even more information on how this drama is playing out.