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by garply
5755 days ago
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Watching the evolution of Groupon clones in China has been very fascinating. First, there was an explosion of sites just like Groupon and a market leader (Meituan) pulled ahead. Just as Meituan really started to clean up, all the major social networks (the Chinese Facebooks and Chinese Yelp) tapped their gargantuan userbases and launched their own Groupons, integrated with their sites. They've really clobbered the original Groupon clones (I know firsthand because the salespeople who contact us from them have become increasingly desperate). I wonder why Facebook and Yelp don't just clone Groupon and integrate it with their sites. It would be a money-maker, especially for Yelp, since the demographics are perfect. |
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