Groupbuying, daily deals, tuangous, all different names for roughly the same but at the moment very hot concept.

Every day several thousands of new (daily) deals are offered in China. New websites are entering the market as well, a booming market.

Dataotuan, a unique daily deal aggregator and analytics platform in China, has published it’s first report.

We’ve analyzed the Chinese daily deal websites and even more we try to answer the question:

What is a Top Daily Deal in China?

The short answer:

A Top Daily Deal is exactly what you would expect

• It’s about quality not just price
• The terms are flexible
• The merchant is trustworthy
• It’s redeemable in several locations

For the long answer, please read the full report.