Tick group will be closed at the end of March group purchase business

tick group will close at the end of March

group purchase businessSina

technology news March 4th morning news, the tick group announced that it will officially close group purchase business in March 31, 2014, the future will move to a new business model.

tick group by Google (1202.69, -12.96, -1.07%) before the China District Sales Manager Song Zhongjie founded in July 2010. At the beginning of 2013, tick group and city dimensional network to complete the merger, the new merged City dimensional network, continue to follow the group purchase brand tick group, Song Zhongjie continue to serve as the new company CEO.

tick group has obtained IDG, KPCB, NEA, Greylock and Northern Light Venture Capital investment.

buy industry concentration is more and more obvious. According to statistics, last year’s top five buy site turnover reached $33 billion 810 million, accounting for 95.7% of the total, ranking among the top two U.S. group and the review is accounted for the whole industry as a whole of the whole year by 66.3%.

in addition, as of January this year, the number of the country’s group buying site was only 213, compared with a decrease of 281 in September. The number of small and medium groups to buy the site continues to decrease, while some of the previous development of a larger platform to buy 24 coupons and thousands of products have disappeared. (Ivan)

tick group will close at the end of March

group purchase businessSina

technology news March 4th morning news, the tick group announced that it will officially close group purchase business in March 31, 2014, the future will move to a new business model.

tick group by Google (1202.69, -12.96, -1.07%) before the China District Sales Manager Song Zhongjie founded in July 2010. At the beginning of 2013, tick group and city dimensional network to complete the merger, the new merged City dimensional network, continue to follow the group purchase brand tick group, Song Zhongjie continue to serve as the new company CEO.

tick group has obtained IDG, KPCB, NEA, Greylock and Northern Light Venture Capital investment.

buy industry concentration is more and more obvious. According to statistics, last year’s top five buy site turnover reached $33 billion 810 million, accounting for 95.7% of the total, ranking among the top two U.S. group and the review is accounted for the whole industry as a whole of the whole year by 66.3%.

in addition, as of January this year, the number of the country’s group buying site was only 213, compared with a decrease of 281 in September. The number of small and medium groups to buy the site continues to decrease, while some of the previous development of a larger platform to buy 24 coupons and thousands of products have disappeared. (Ivan)

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