Dec 02, 2011
Li Yijia, general manager of products for global wireless networking solutions provider Netgear China, said recently that the company plans to increase its investment in product R&D, sales channels, and other aspects of its China business, with the goal of doubling sales in the China region in 2012.
An industry source recently revealed that several Chinese group buy sites, including Groupon.cn (a Chinese group buy site unaffiliated with US firm Groupon) and the group buy channels of Fantong.com and online classified site 58.com, are in arrears to many merchant partners with some payments delayed until 2012.
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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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