The Digital Source For China's Tech Innovation Since 2000

Chinese Group Buying Report Reveals Sales Drop

June 21, 2011
Editorial Staff

Chinese group buying navigation website Tuan800.com has published a report covering statistics for May 2011, stating that Meituan.com ranked first in China with sales of CNY75.2 million.

The statistics are based on research of nearly 20,000 group buying activities submitted by 17 mainstream collective buying websites in China. According to the report, the total sales of these websites reached CNY597 million, a slight decrease compared with April 2011; and the total consumption in these collective buying activities reached over 17 million times.

The report listed the sales rank of collective buying websites. Meituan.com ranked first with sales of CNY75.2 million, followed by 24quan.com with sales of CNY74.53 million and Lashou.com with sales of CNY68.18 million. In addition, Ftuan.com and 55tuan.com listed among the top ten Chinese collective buying websites by revenue, with sales of CNY59.931 million and CNY31.267 million, respectively.

By the end of May 2011, there were about 4,500 different group buying websites in China.

Related Topics: e-commerce | group buying | Internet shopping | Meituan.com | online shopping | retail | Tuan800.com

Other News:

Alibaba, other China ADRs surge as Ant Group capital plan approval fuels hope for relaxing scrutiny

January 4, 2023
cnbc.com cnbc.com

Zhejiang Introduces Rural Tourism Website

May 24, 2010

Blending Heritage and Innovation, China's Shangcheng District Hums with Dynamic Vitality

June 23, 2026
manilatimes.net manilatimes.net

The Established Mobile Game Developer and Publisher in China Qingci Games Listing on the Main Board of the Hong Kong Stock Exchange

January 29, 2022
acnnewswire.com acnnewswire.com

China Less Than Truckload (LTL) Markets, 2022-2026 – Growth of Small and Medium e-commerce Merchants & Omni-channel and Delayering of Trade Distribution

February 17, 2022
prnewswire.com prnewswire.com

Daily Brief China: Alibaba Group, China Construction Bank H, Country Garden Holdings Co and more – ChinaPulse.com – Chin

August 1, 2022
smartkarma.com smartkarma.com

China's 360buy.com To Develop B2B Business

April 27, 2009

Stock market today: Wall Street rallies as economy holds up better than feared

June 28, 2023
elliotlaketoday.com elliotlaketoday.com

Pinduoduo launched US shopping site Temu on September 1, the Chinese e-commerce giant's first major push overseas, following online fast fashion retailer Shein (Wall Street Journal)

September 3, 2022
worldnewsera.com worldnewsera.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.