China’s Reports Semi-annual Sales Of CNY1.916 Billion

Chinese group buying website published its latest sales statistics, claiming that the company achieved sales of CNY440 million in June 2012. Claims CNY1.476 Billion In Sales So Far In 2012, one of many Chinese group buying websites, has revealed its sales statistics for the first five months of 2012, stating that its overall sales reached CNY1.476 billion, and the company expected to realize profit by the end of the year.

China’s Claims Higher Sales Figures

Chinese group buying website has announced that its sales in March 2012 saw a record high of CNY301.587 million.

Former Alibaba VP Joins As COO

Chinese group buying website announced that Gan Jiawei, former vice president of, will join the company as its new chief operating officer.

Google Launches Group Buying Search Service In China

The 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.

Chinese Group Buying Report Reveals Sales Drop

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

Chinese Group Buying Navigation Website Opened By Shanda

China’s Shanda has announced its launch a new navigation site,, for group buying websites.

Rumor: Groupon Eyes Chinese E-commerce Market

Mads Faurholt-Jorgensen, vice president of Groupon, has reportedly revealed the company’s intention to enter the Chinese market.