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| VIEW EVENT INFORMATION: Tencent |
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Groupon Spars With Tencent; Joint Venture Isn't Inspiring Local Confidence |
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About the organization Tencent:
Type: Business
Sub-Types: Website, E-Commerce, Online Gaming, Online News, Advertising Agent, Social Networking Agent, Computer Software, Computer |
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Notable Organizations: Tencent, Techcrunch
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| There’s trouble in Tencent and Groupon’s China group buying joint venture, Gaopeng.com, according to press reports from China. Apparently the site went up for a day, Tencent balked and pulled it back down. Beyond that, people tell us the operation is pure chaos: Rapid hiring, little due diligence and money being thrown around. The biggest gripe: It’s almost entirely run… |
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