Searching for "Oliver Samwer"
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According to Groupon's IPO prospectus, E-Commerce King Limited, operator of Chinese group buy site Gaopeng.com, reported USD 2.14 mln in revenue and USD 46.45 mln in net loss from operations for the first nine months of 2011. Read More
Gaopeng.com, Groupon and Tencent's (0700.HK) group buy joint venture, has reportedly laid off one-third of its workforce and closed 50% to 80% of its offices, according to the Financial Times. Read More
Oliver Samwer, president of Groupon's German subsidiary CityDeal and head of Groupon's overseas market expansion efforts, flew to Beijing today for an emergency meeting with Ouyang Yun, CEO of Groupon's new joint venture with Tencent (0700.HK), to smooth out the relationship between the two companies, according to industry sources. Read More