According to this news (Chinese), early this afternoon, ex-founder of Citydeal which was acquired by Groupon early this year and now Groupon’s business development director have held several meetings with five popular Chinese Groupon clones, Meituan, FTuan, Lashou, Aibang and QQTuan. (you may also read our previous article Comments and Reviews on Chinese Groupon services)

The news says Groupon met these clones one by one and the detail of each meeting can not be disclosed due to the NDA. But according to Lin Ning, CEO of FTuan who attended the meeting,  he said he could confirm that Groupon has not signed any deal with any Chinese clones.

An insider said Groupon’s visit to China this time had two purposes, firstly to understand the local market and local regulation; secondly to look for the right local partner. He said, likely Groupon will follow the same strategy when it entered Japanese market, i.e. acquiring one local clone.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.