Marbridge Daily

<- December 13, 2011 ->

Rumor: Lashou Nov 2011 Sales Revenue Nearly RMB 300 Mln

Guangzhou Daily, 12/13/11

An industry insider close to Chinese group buying site Lashou said today that the site had seen November sales of nearly RMB 300 mln - making Lashou China's first group buy site to achieve monthly sales of more than RMB 200 mln.

Lashou declined to comment on the report, citing IPO quiet period restrictions.

Editor's Note: For more information on this topic, please see "China's October 2011 Group Buy Market Reaches RMB 1.2 Bln," MD 11/28/11 issue.

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