Why Groupon’s still not well in China despite group-buying uptick

Online group buying is finally proving popular in China, according to a report released on Monday by China Internet Network Information Center (CNNIC). According to the report, Chinese market witnessed an increase of 244.8% in online group buying in the year 2011. Despite a massive blow to Groupon and others last year, Chinese online group buying is finally seeing some light at the end of the tunnel.

Who gets hurt if Groupon collapses

Daily deals site Groupon is launching its IPO roadshow this week and is seeking a $10 billion valuation for the company, less than half of what was rumored when the company first filed to go public in June. That’s a big haircut.

Scoutmob lands $1.5M more for location-based group deals

Scoutmob, a location-based group deals company, plans to announce tomorrow that it has secured a first round of funding for $1.5 million, according to New Atlantic Ventures representatives, who led the funding. The new funding will be used to roll out its deal service to new cities, continue development and hire more employees.

Groupon China launches after rumors of a bumpy start

Gaopeng.com, the joint venture from Tencent and Groupon, which offers group buying deals to Chinese consumers, has officially opened. The venture supposedly got off to a clunky start, with reports saying the site went live in mid-February for a day before being hastily taken offline, but now Groupon has officially launched the site.

Groupon in China — why it could succeed where others have failed

A lot of articles have been swirling around over the past week about Groupon’s entrance into China and a possible partnership with China’s biggest internet service portal, Tencent. They’ve all said things like “China is a tough nut to crack”, “foreign companies come to China to die”, and “Groupon will be no different”, but few offered insights into why Groupon may or may not be different.

LivingSocial does another deal with Amazon.com

Since VentureBeat first reported that Amazon.com was jumping into the group-buying frenzy with its $175 million investment in LivingSocial, we’ve been wondering how the companies will collaborate. Wonder no more: LivingSocial is offering $20 Amazon.com gift certificates for $10.

What Google knows about Groupon

As speculation mounts about an imminent buyout of daily-deals company Groupon by Google for a rumored price tag of $6 billion, one salient fact is being ignored: The two companies are already in bed with each other.

DEMO: The secret of Groupon's success is … good writing?

Among startups, there’s a tendency to emphasize product technology, rather than fuzzier skills and qualities that don’t “scale”. But chief executive Andrew Mason said today that the success of his popular social buying site Groupon had less to do with brilliant tech and more with good writing, and with unfashionable technology like email.

How Groupon's rivals are trying to catch up on social buying

The tide of group buying sites, which mix discounting with viral marketing to make marketing offers more effective, isn’t abating anytime soon. Yipit, a New York-based startup that aggregates deals from about 90 different social buying companies, says four newbies are starting to see some traction behind the two giants in the field, Groupon and LivingSocial.