Rumor: Gaopeng, Ftuan to Merge Under Gaopeng Brand
DoNews, 11/28/12
A leaked internal e-mail attributed to Lin Ning, CEO of Beijing Wangluo Tianxia Shenghuo Technology (English name: GroupNet), which operates group buy sites Ftuan and Gaopeng, has revealed that the two brands will merge and begin operating under the Gaopeng.com domain name in 2013.
Editor's Note: For more background on this topic, please see "Tencent, Groupon Provide Additional Funding to Groupnet" MD 8/09/12 issue.
Keywords: branding Internet Tencent Wangluo Tianxia Groupon Lin Ning Ftuan Gaopeng Groupnet group buying 0700.HK