08 Nov '11, 10am

Groupon apologises for fake watch sales in China

Groupon apologises for fake watch sales in China

United States online daily deals firm Groupon said on Tuesday it has apologised and offered refunds to customers who bought fake watches from its Chinese unit, days after making its US stock market debut. -- PHOTO: AP SHANGHAI (AFP) - United States online daily deals firm Groupon said on Tuesday it has apologised and offered refunds to customers who bought fake watches from its Chinese unit, days after making its US stock market debut. Groupon will fully repay people who bought Tissot brand watches on its Chinese website Gaopeng.com, and give as much as 400 yuan (S$80) in additional compensation, according to a statement sent to AFP. 'We are deeply sorry about the inconvenience the matter caused for consumers,' said Groupon, which launched its Chinese venture in partnership with local Internet giant Tencent in February. Groupon is facing tough competition in China, which h...

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

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last year. The monogram on the bottom seam did not match up and it looked absolutely fake to me. I returned the items and ...