Marbridge Daily

<- March 14, 2012 ->

Didatuan Gross Margins Reach 11-13%

Tencent Tech, 3/14/12

Song Zhongjie, CEO of Chinese group buy site Didatuan, has disclosed that Didatuan's gross profit margins are 11%-13%, with approximately 50% of users returning to make another purchase.

Didatuan currently has over 700 employees, having recruited 600 employees in 2011, and plans to increase its workforce to approximately 1,200 in 2012, expanding to cover 34 cities. In 2012, Didatuan's monthly net revenue is expected to grow over 10%.

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