Rumor: Groupon Partners with Lashou
DoNews, 10/12/10
An industry rumor says that American group-buying site Groupon has selected a Chinese partner, rumored to be Lashou, in which Groupon may purchase a stake. According to the rumor, Lashou CEO Wu Bo recently flew to Shanghai to finalize details of the partnership.
Editor's Note: For more background on this topic, please see "Rumor: Groupon to Acquire China Group Buy Site" MD 8/13/10 issue.
Keywords: Internet Lashou Wu Bo Groupon e-commerce group buying investment M&A
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