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China's Q3 Group Buy Transaction Volume Grows 72% YoY

Ebrun, 11/26/12

China's group buy transactions grew 72% YoY to reach RMB 5.91 bln in Q3 2012, a new high for the industry, according to newly released figures from group buy directory site Tuan800.

September's 304,000 total group buy offers was an increase of 410% YoY from September 2011. A total of 1.50 mln group buy deals were offered during the first nine months of 2012, an increase of 280% over the previous year.

Keywords: directory Internet transaction volume Tuan800 Q3 2012 group buying national statistics

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