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China's Nov 2012 Group Buy Transactions Reach RMB 1.9 Bln

Tencent Tech, 12/19/12

According to newly released figures from group buy directory site Tuan800, total domestic group buy site transaction value rose 5.1% month-over-month in November to reach RMB 1.87 bln, conducting 35.62 mln transactions, an increase of 2.4% PoP. As of the end of November, China's independent group buy sites recorded over 410 mln transactions in 2012, with transaction value reaching RMB 19.23 bln and expected to exceed RMB 21 bln by the end of the year.

Keywords: Internet Tuan800 transaction volume group buying national statistics

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