The revenue of the Chinese daily deal market in 2013 Q1 is more than 10.3 billion RMB, hardly any increase compared to 2012 Q4. One reason might be people buy less during the Chinese New Year holiday. The Consolidation continues
With the vast amount of data we gather, we know in detail how well all the players did in 2012. We looked closer at the top 5 players in the 3 biggest Chinese cities, Beijing, Shanghai and Guangzhou to see
Local service deals stood at the basis of the first daily deals. 3 years ago all deals came from merchants having a physical presence – a real location. The restaurant that wanted more customers and the hair salons that had
The difference between sourcing a service deal and a product deal is that for the former a sales person actually needs to convince a very busy merchant to offer steep discounts in return for new and hopefully regular customers, while
The revenue of travel deals was over 2 billion (9.6% of total deal revenue) in 2012. Typical local service deal sites like Dianping/Meituan, increased the percentage of travel deals among all the deals they launched.
There are 3 leaders, Juhuasuan, Meituan and Dianping, making up tier 1. To be a member of the Tier 1 club monthly revenue has to be over 2 billion Renminbi.
2012 has ended but the deal industry is still going strong, at least when it concerns launching new deals and finding new categories to expand the deal portfolio.
We have just finished our latest report on Q3, 2012 on the Daily Deal Industry in China The highlights are: In Q3 2012, the revenue of the daily deals is about 7.6 billion. The Top 20 websites account for 98.3%
We wanted to know more about the daily deal experiences in China. Almost 2000 Chinese provided us in May and June 2012 with insights in the way they buy deals, whether they like, which sites they recommend and if they
We have just finished our latest report on Q2, 2012 on the Daily Deal Industry in China The highlights are: Overall Juhuasuan is the no.1 (this is for Service Deals as well as Product Deals). In Q2, 2012 revenue of