55tuan

China’s startup scene has been exploding with ever-larger funding rounds. But industry insiders – and SEC documents – suggest that the big numbers you see in the press aren’t always the truth.

Wowo, also known as 55tuan, has finally achieved its US IPO dreams. NASDAQ:WOWO, look it up.

In the two days since we last wrote about Wowo, the company has missed two more IPO deadlines. Is this company ever going to actually list?

Wowo, also known as 55tuan, has missed several IPO dates already and it looks likely to miss its next one. What the heck is going on?

China’s 55tuan – which will officially be called Wowo – has had the date set for its NASDAQ IPO later this month.

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 Q1 2013. One of the key findings is

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. Today it’s time for Q4 2012

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 tiny profit margins

We’ve been seeing China’s hotly-contested daily deals industry settle down a bit in the past year – and now new data for 2012 Q3 shows huge consolidation of power (ie:

New market share stats for China’s fragmented daily deals market in 2012 Q2 in China show the strongest sites consolidating their leads even further. Now, the top 20 group buy