Groupon, Tencent partner on daily deals site in China

News Broadband China 28 FEB 2011
Groupon, Tencent partner on daily deals site in China
Groupon has teamed up with Tencent and other Chinese investors to launch the new daily deals website GaoPeng in China. The group-buying portal GaoPeng.com is funded by Groupon, Tencent Collaboration Fund and Yunfeng Capital. The site is now accepting e-mail registrations from local consumers, with daily deals promoting local merchants debuting in March. GaoPeng subscribers will get free daily emails alerting them to the deals. Initially, the service will cover Beijing and Shanghai, with plans to extend to other major cities in China.

Categories:

Internet

Companies:

Tencent,  Groupon

Countries:

China

Tags:

Launch, Cooperations & alliances, Portals / social media

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