Telecom Media & Technology

Fri, 09/03/2010 - 10:52

Group discount sites will shake up China’s online shopping sector – Song Zhongjie, Didatuan.com CEO

by Yan Xinyi

The CEO of group discount Web site Didatuan.com talks to Interfax about how the unique group discount model will alter the landscape of China's online shopping sector.

"We offer discounts of roughly 70-80 percent on average for each product sold. These low prices can attract huge numbers of buyers - up to thousands a day per city," said Song.
Song Zhongjie, Didatuan.com CEO

The rapidly spreading popularity of group discount sites in China is giving small and medium sized enterprises (SME) across the country a way to market online. The unique business model may prove a serious new competitor in China's lucrative online shopping sector.

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