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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
Sina Microblog Launches Group Buy Social Platform
TechWeb, 3/09/11
Chinese internet company Sina (Nasdaq: SINA) has launched a group buy offer subscription service for its Sina Weibo microblogging platform that allows users to receive group buy messages that meet their selected criteria for location, product category, price, group buy site, and keywords. Read More
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