Internet Group Buying Service Ends In China

Chinese group buying service website Didatuan.com will formally close its group buying business on March 31, 2014, and will transform its brand to a new business model in the future. Founded by Song Zhongjie, former sales general manager of Google China, in July 2010, Didatuan.com completed its integration with Velo, a Chinese coupon provider, at […]

China’s Velo, Didatuan Announce Integration

Chinese coupon provider Velo and group buying website Didatuan.com announced via internal emails that the two companies have completed a formal integration.

Internet Lifestyle Portal Spins From China’s Search Engine Behemoth

Youa.com, the lifestyle information platform owned by Chinese search engine Baidu, has gained joint investments from the venture capital organization IDG-Accel and Qiming Venture Partners, and it will now officially start independent operations.