In first half of this year, the domestic group buying market was cultivating in a vibrant scene and the landscape of group buying websites has been intermittently under convulsion.
The gr
In first half of this year, the domestic group buying market was cultivating in a vibrant scene and the landscape of group buying websites has been intermittently under convulsion.
The grim reality is such a crowded market, fueled by venture capitals and vicious competition, filled with counterfeit products and not guaranteed offline service, is shrinking and becoming a grotesque gallery of layoffs, closings, late payments, dissatisfied clients, and shattered dreams.
After all, consumers still have the local business demands. The market is there and won?t be gone with wind.
Other topics :
The growth of China online luxury
2) Coach?s online store on Taobao Mall
3) Yoox promote China local designers via e-commerce
4) 360buy raised threshold of its free delivery policy
5) China online cosmetics platforms go more vertical or horizontal
6) Will China group buying market is a just a an online Titantic?
1. Onl
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