Searching for "Wangluo Tianxia"
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On November 13, an industry source claimed that Beijing Wangluo Tianxia Shenghuo Technology's (English name: GroupNet) group buy site Gaopeng is partnering with Tencent's (0700.HK) Weixin (Wechat) mobile messaging application for a Weixin group buy platform that could be released in late November or early December, to be called "Wei Tuangou" ("Micro Group Buy"). Read More
Beijing Wangluo Tianxia Shenghuo Technology (English name: GroupNet), which operates group buy sites Ftuan and Gaopeng, recently completed USD 40 mln in new funding, which it will use to acquire additional group buy sites. Read More
Lin Ning, CEO of Beijing Wangluo Tianxia Shenghuo Technology (English name: Groupnet), which operates group buy sites Ftuan and Gaopeng, yesterday revealed that Berjaya Corporation Berhad, the largest shareholder in Beijing-based group buy site 24quan.com, has been in frequent contact with Wangluo Tianxia about possibly acquiring 24quan at an undisclosed price. Read More