Groupon Goes Live in China
Daily coupon website Groupon is going live in China on Monday with GaoPeng.com, Reuters said. The new site, funded by Groupon, the Tencent Collaboration Fund and Yunfeng Capital, will begin registering users immediately and begin offering daily deals in March. Formed two years ago, Groupon is backed by a slew of venture investors including Andreessen Horowitz, Battery Ventures, Greylock Partners, Kleiner Perkins Caufield & Byers and Technology Crossover Ventures.
28 February 2011•2 mins read
