Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

China's Q1 Group Buy Transaction Volume Up 234% YoY

Tuan800, 5/03/12

According to data recently released by group buy directory site Tuan800, China's group buy transaction volume in March grew 236.2% YoY to reach RMB 1.73 bln. In Q1 2012, total group buy transaction volume reached RMB 4.51 bln, up 234.1% YoY and 18.5% QoQ.

In March, total group buy customers reached 42.99 mln, an increase of 189% YoY and 28% QoQ. During the month, 357 group buy sites closed down, leaving the total number of group buy sites at the end of March at 3,269.

Keywords: national statistics growth rate Internet transaction volume Tuan800 Q1 2012 group buying

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports