gaopeng

Groupon’s China Site Gets $30 Million Funding From Joint-Venture Partners

Groupon’s China Site Gets $30 Million Funding From Joint-Venture Partners

Groupon’s China venture has had a rough ride, but it’s still alive. The site, called Gaopeng, has just secured a reported $30 million in funding to grow the business. While
Steven Millward · · 2 min read
Abandon Ship! Report Claims Groupon’s China Venture Has Lost 9 VPs in the Past Year

Abandon Ship! Report Claims Groupon’s China Venture Has Lost 9 VPs in the Past Year

It seems that Gaopeng, Groupon’s China joint-venture (of which it now owns only a minority share), may have something of a personnel issue on its hands. Sohu IT is reporting
C. Custer · · 2 min read
China’s Daily Deals Market Hits $1.7 Billion in Q1, Not So Fragmented Any More

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 Q1 2013. One of the key findings is
Steven Millward · · 2 min read
In China’s Daily Deals Market, You Now Need $32+ Million Monthly Revenue to Be a Player

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. Today it’s time for Q4 2012
Steven Millward · · 2 min read

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 2012 Q3 shows huge consolidation of power (ie:
Steven Millward · · 2 min read

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 company, it’s rumored to be entering into a very interesting and social partnership.
Steven Millward · · 2 min read

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 now GroupNet’s CEO, Lin Ning,
Steven Millward · · 2 min read

China’s E-Commerce King Now Top in Daily Deals Too [CHARTS]

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
Steven Millward · · 2 min read

Let’s Not Get Excited About the Gaopeng-FTuan Merger, Guys

There’s been an awful lot of discussion recently about the Gaopeng (Groupon)-FTuan merger announced earlier this week. It’s big news! On some Chinese sites, I’ve even seen talk of overseas
C. Custer · · 2 min read

OFFICIAL: Groupon’s China Business Merges With FTuan

Exactly as we’d heard was about to happen in recent rumors, it has just been announced officially that Groupon’s (NASDAQ:GRPN) joint-venture in China with Tencent, called Gaopeng, will merge with
Steven Millward · · 2 min read