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Searching for "55Tuan"
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55Tuan Lands USD 50 Mln in New Funding
NetEase Tech, 5/21/14
Beijing Wowotuan Information Technology, operator of group buy site 55tuan.com, has confirmed that the site has received USD 50 mln in a new round of funding from existing 55tuan investors. Read More
Rumor: Qihoo 360 in Talks to Acquire 55Tuan
ChinaByte, 4/01/14
According to an industry insider, Chinese internet services and security software provider Qihoo 360 (NYSE: QIHU) is engaged in talks with Beijing Wowotuan Information Technology, operator of group buy site 55tuan.com, regarding a possible acquisition of the company.Read More
China's 2012 Group Buy Transaction Value Grows 61% YoY
TechWeb, 1/29/13
According to the 2012 China Online Group Buy Market Data Monitoring Report, released today by Zhejiang-based B2B e-commerce site Netsun Toocle's (002095.SZ) China E-Commerce Research Center, the number of group buy companies dropped from 3,652 to 2,695 in 2012. Read More
Tuan800 App Trials In-site Transaction Feature
Ebrun, 12/14/12
Group buy navigation site Tuan800 has begun testing in-site transactions through its mobile clients, allowing customers to purchase group buy deals directly from within the Tuan800 interface without being redirected to group buy sites. Read More
China's Group Buy Site "Mortality Rate" Hits 48%
Tencent Tech, 8/15/12
According to a report released on August 15 by Zhejiang-based B2B e-commerce site Netsun Toocle's (002095.SZ) China E-Commerce Research Center, the number of group buy sites in China decreased from 3,990 at the start of the year to 3,210 as of the end of June 2012. Read More
China's May 2012 Group Buy Transaction Volume Up 5% PoP
Donews, 6/27/12
China's group buy transaction volume rose 4.7% PoP in May 2012, according to newly released figures from group buy directory site Tuan800, with the total number of group buy sites dropping to 2,996. Read More
Rumor: 360Buy to Outsource Group Buy Business
Sina Tech, 4/19/12
An industry source reported today that Beijing-based B2C e-commerce platform 360Buy plans to outsource its group buy business. Read More
China's Group Buy Sites Face Limits on Movie Ticket Discounts
Tencent Tech, 2/27/12
China's State Administration of Radio, Film and Television (SARFT) has issued regulatory guidance proposing movie ticket prices for theater members and groups may not be offered at less than 70% of the listed price, prompting group buy websites to call on SARFT to rationally assess group buy deals on movie tickets. Read More
Rumor: Web Directory Revenues to Drop in 2012
DoNews, 1/01/12
An industry source has said that web directory sites will likely see revenues decline in 2012 as competition lessens between China's e-commerce sites, particularly small and medium-sized group buy sites and B2C malls, and ad spend for directory listings decreases. Read More
Lashou Files for Nasdaq IPO
SEC, 10/28/11
Chinese group buy site operator Lashou Group has filed its IPO prospectus with the Securities and Exchange Commission (SEC) to list Class B ordinary shares on the Nasdaq Global Market under the ticker symbol "LASO." Read More
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