Second Daily Deals Site Operates in China
Being the first one of its kind to come into China’s market, Gaopeng, the Chinese subsidiary of Groupon, has been going through tough times with scandal over lottery cheating and a succession of layoffs. But that doesn’t scare or stop people who are outside and want to tap into the promising market to get a chunk.
That said, San Jose-based Special Deals is opening its operation in China soon, but with some innovations to differentiate itself from Lashou, Meituan and Nuomi, all are aggressive and fierce local competitors, and to avoid all the pitfalls that Gaopeng has fell into.
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