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    The First High-Level Industry Summit In China'S Online Group Buying History Was Held In Hangzhou.

    2010/9/21 12:57:00 47

    Online Group Shopping

    September 20th, Groupon as

    Global group buying website

    The founder, who earned $1 billion 350 million in a year and a half, has been overshadowed by Twitter and Facebook. The key to its success lies in a clear profit model.


    To this end, a high-level seminar on "2010 China online group buying industry" and the launching ceremony of "China integrity online group buying alliance" were held in Hangzhou recently, with the theme of "looking for Groupon in China".

    Group buying industry

    High level summit.


    Since this year's group buying is suddenly hot, this conference has attracted nearly all the well-known group buying websites in West Lake to participate in the "sword of West Lake". Nearly two hundred group buying industry executives, e-commerce experts, VC/PE, entrepreneurs and so on gathered in Hangzhou, the "China's e-commerce capital."


    The leading group buying websites include handshake net, American group network, F group, ah Ya group, Tubao network, 24 coupons, Wo Wo Group, AI Gang, glutinous rice net, Tencent "QQ" group, cool group network, etc., as well as Taobao, Juhuasuan, Baidu, Alipay, China Mobile, Alibaba, business treasure, Yintai network, public comment network, Kelan diamond net, Kang Sheng Xiang, rice unification network, etc. have already set up or intend to enter group buying related business leaders. Reporters learned:


    At present, the domestic group buying website presents explosive growth. According to the first group buying industry report released by Fang Yingzhi, an analyst at the China Electronic Commerce Research Center, the latest data of the 2010 China online group purchase survey report: as of the end of August 2010, the number of online group buying enterprises in China has reached 1215.

    However, behind the scenes of "boom" in group buying industry, group buying website

    Uneven, some good and some bad

    Users are in doubt, such as fraudulent door, group buying trap, after sale can not be guaranteed, consumer rights protection is difficult, lack of industry norms and so on.


    In order to protect the legitimate rights and interests of consumers, safeguard the good social image of group buying enterprises, and promote healthy and harmonious development of the industry.

    At the meeting, representatives of hundreds of group buying leaders, such as the handover net, the US group network and the F regiment, initiated the establishment of the first non-governmental credit organization of China's online group buying industry, the "China integrity network group buying alliance".

    At the meeting, Wu Bo, lashou.com CEO CEO, represented nearly 200 heads of delegation and read the "Joint Declaration of 2010 integrity online group buying enterprises".


    Cao Lei, director of the China Electronic Commerce Research Center, said: the biggest highlight of this group buying alliance is to advocate self-discipline, consciously accept social supervision voluntarily, get the recognition of the society with its honesty and credit, and influence, drive and promote the integrity construction of the whole industry.


    In addition, according to the 2010 China online group buying survey report, in the pattern of group buying websites, the handover network occupies 20% of the group's market share; the US group network ranks second in 19.8% place; the waxy network has only been in the line for more than two months on the line, and then comes back to the top, with third of the 10.3% shares; the group Bao network, 24 coupons, F group and Group USA Network follow closely.


    In the development of group buying websites, it has also been closely watched and sought after by the domestic venture capitalists. The reporters found that the well-known venture capitalists who came to the conference site had many VC such as Ying Kai Investment, Lanshan investment, Gao Tai Jia investment group, Kun Yuan venture capital, Zheshang venture capital and Rui control stock.


    The report shows that the group buying websites that have received VC are: handle net, full seat, F group, group treasure network and ah Ya group.

    The handover network was the first group buying enterprise in China to win VCs. In June of this year, it was awarded $5 million in venture capital and $5 million in financial borrowing from angel investment in Taishan, founder of Daily Deal, European group buying website, and Jinsha River venture capital.


    Regarding this, Fang Yingzhi, an analyst at the China Electronic Commerce Research Center, said that at present, the group buying websites in China are uneven. In addition to some websites and businesses running on stream, it is more because the website is not careful in assessing the hardware facilities, management level and service level of the merchants, and exaggerates the advantages when distributing the information.

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