A craze for group buying – Groupon,Tencent,eBay,AliExpress

Global group buying big daddy Groupon and Tencent 腾讯 (HKSE700) is reported to form a 50-50 joint venture in China, unleashing a new wave of collective buying battle for users’ attention. Not everybody is happy about it nevertheless. The collaboration arrives at a time when Groupon US is seeking expansion in China to pave its way for IPO [...]