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Gaopeng Records USD 47 Mln Net Loss for Q1-Q3 2011
Sina Tech, 10/25/11
According to Groupon's IPO prospectus, E-Commerce King Limited, operator of Chinese group buy site Gaopeng.com, reported USD 2.14 mln in revenue and USD 46.45 mln in net loss from operations for the first nine months of 2011. Read More
Gaopeng Acquiring Group Buy Sites, Plans IPO
Sina Tech, 6/10/11
Ouyang Yun, head of Groupon and Tencent's (0700.HK) Chinese group buy joint venture Gaopeng, joined Groupon CEO Andrew Mason for a press conference today in Beijing to announce that Gaopeng had already acquired two or three group buy websites, and had plans to list independently, though he said there was no IPO timetable at present. Read More
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