09 May '14, 1am

@cemilozyurt 2011'den beri cok bir degisim olmadigini soyliyebilirizDevlet kontrolundeki bir mecrada yatirim cok zor.

Hi Riley, you have to look at Chinese internet as two main markets, one represented by the top tier cities where the general population have relative high spending power, these people are the most well educated Chinese and two the rural China, where most of the population are from villages with little education, their involvement with eCommerce is very limited due their low income. Now, the top tier city users, they are Groupon China (Gaopeng)’s main target consumers, these people are no tech laggards, especially in cities like Beijing and Shanghai where you see just about everyone in CBD carries either an iPhone 4 or a top end Android, these people are fully capable to differentiate which are good quality services. In case of Groupon China with their ill positioned coupons and PR embarrassment really costed them heavy losses of market share, which other services like Meit...

Full article: http://techrice.com/2011/09/02/groupon-china-is-crumbling...

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