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CNNIC: China's Internet Group Buying Users Reached 42.2 Million
October 26, 2011The China Internet Network Information Center has published a report on the activities of Chinese group buying users for 2011 in Beijing, stating that by June 2011, there were 42.2 million online group buying users in China, an increase of 125% compared with six months ago.
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Google Launches Group Buying Search Service In China
September 14, 2011The world's search engine giant Google has launched the group buying search service in China, marking its formal entry into the saturated Chinese e-commerce market.
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Chinese Group Buying Navigation Website Opened By Shanda
April 11, 2011China's Shanda has announced its launch a new navigation site, Tuan.sdo.com, for group buying websites.
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China's Ganji.com Develops Group Buying Internet Service With COFCO
March 18, 2011Chinese lifestyle information website Ganji.com has launched a new collective buying product, which will first cooperate with Womai.com owned by COFCO Group in providing group buying deals in Beijing.
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Groupon, Tencent Establish Gaopeng.com
March 2, 2011Jointly invested by Groupon, Tencent Collaboration Fund and Yunfeng Capital, the collective buying website Gaopeng.com has been launched in China.
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Rumor: Groupon To Establish JV With Tencent In China
January 19, 2011An insider from the Chinese Internet company Tencent has confirmed to the local media that the American collective buying website Groupon will establish a joint venture with Tencent to enter the Chinese market, and the CEO of the new company will be assigned by Tencent.
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Rumor: Groupon Eyes Chinese E-commerce Market
January 9, 2011Mads Faurholt-Jorgensen, vice president of Groupon, has reportedly revealed the company's intention to enter the Chinese market.
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