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Groupon China’s New Owner Nets $40 Million in Funding for Daily Deals Expansion

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 Daily Deals Market Sees Three Local Winners Emerge

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, Meituan, and 55Tuan. That’s because the trio has finally
Steven Millward · · 3 min read
Report: 42.2 Million Chinese Use Daily Deals Sites [STATS]

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 which paints a picture of the daily deals landscape in
Steven Millward · · 2 min read
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