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Chinese group buying explained

August 23, 2009 by jdaviescoates Leave a Comment

The Chinese Internet is more developed from a social perspective than in the West. There are more people who are participating in these kinds of conversations, and they are more active. Nice article on Tuangou, Chinese ‘group buying’, and why it is not (yet?) working in the West. Excerpts from Lara Farrar: “Welcome to China’s hottest sport for shoppers: tuangou, or team buying. The game goes like this: Individuals band together via online BBS (bulletin board systems), chat rooms and other Web … [Read more...]

Filed Under: Uncategorised Tagged With: All stories, All stories, Crowdsourcing, P2P Business Models

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