QQTuan

China’s Group Buy Market Plummets to 12-Month Lows

China’s Group Buy Market Plummets to 12-Month Lows

New statistics for China’s group buy market show dramatic drops in monthly transaction volume and value. The latter plummeted 23 percent from the May figure to hit 2.08 billion RMB
Steven Millward · · 2 min read
Rumor: Groupon in China to be Acquired by FTuan, Sold Out by Its Joint-Venture Partner

Rumor: Groupon in China to be Acquired by FTuan, Sold Out by Its Joint-Venture Partner

Groupon’s (NASDAQ:GRPN) daily deals site for China, Gaopeng, which is run as a joint-venture with Tencent (HKG:0700), looks like it is a pawn in the upcoming restructuring of Tencent’s group
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
China’s Top 20 Daily Deals Sites – and Who Has the Hottest Deals?

China’s Top 20 Daily Deals Sites – and Who Has the Hottest Deals?

Everyone loves a bargain. So which daily deals sites are creating the hottest deals? (Image source: China Daily) In updated stats from group buy deal aggregator DaTaoTuan which go right
Steven Millward · · 3 min read

Kaixin Opens Up its Group Buy Site, Looks for Partners

Kaixin, the Chinese social network, is opening up its fairly new group buy site, Kaixin Tuan Gou, to partners, making it an open platform. Today’s move seems to be about […]
Steven Millward · · 2 min read

Hitwise Says Lashou.com Is The Top Group Buy Site in China

The group buying website market in China is crazy. Back in May, Lashou was accused of fixing prices to try to keep themselves in the running; most recently, Renren’s Nuomi
C. Custer · · 2 min read

Rakuten China Launches a Group Buy Portal, With 50 Big-Name Brands

Rakuten China, a joint venture between the Japanese e-commerce giant and Baidu, has today rolled out a brand-oriented group buy portal.
Steven Millward · · 2 min read
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