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Group Buy Site Kutuan Acquires U-Tuan

DoNews, 6/18/10

Chinese group buying site Kutuan.com confirmed today that it had acquired Guangzhou-based group buying site U-Tuan.com, but declined to reveal the cost of the acquisition. Read More

Tongxue CEO Joins Group Buy Site as Co-Founder

DoNews, 5/21/10

An industry source has revealed that Zhu Huaming, former CEO of location-based SNS and microblogging site Tongxue.com, will join group purchasing website Kutuan.com as co-founder; the site will open to the public on May 23. Read More