uBuyiBuy is the leading HongKong-based group buying service. In November 2010, it’s acquired by Groupon and officially became the Groupon HongKong. (read our Groupon Taiwan interview.) It’s a great pleasure for me to talk with Danny Yeung, the founder of uBuyiBuy who shared his experience and opinion on the Group Buying market.

1. the founder, the company and the business

Unlike Groupon Taiwan founders who are involved with web market for a few years, Danny is actually a new comer. Before he launched uBuyiBuy, he was doing hotel furniture import/export business in U.S. Danny starts thinking of the idea of group buying business in January 2010, then in March he flew back to HongKong and set up the team. on 28th June, uBuyiBuy had the first deal out.

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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.