KAIXIN001.COM LAUNCHES SELF-BREWED GROUP PURCHASE PLATFORM

AsiaInfo Services
02-28-2011
Kaixin001.com Launches Self-brewed Group Purchase Platform

BEIJING, Feb 28, 2011 (SinoCast Daily Business Beat via COMTEX) -- Kaixin001.com, one of the most popular social networking sites (SNS) in China, has rolled out its own group purchase discount platform as part of a planned business integration.

Tuan.kaixin001.com, the newly launched platform, makes one group purchase discount service available each day and offers links to part of the group purchase discount websites in 19 cities such as Beijing and Shanghai, said a person in the know.

The platform, featuring a variety of business partners such as restaurants, pubs, SPAs, movie theatres, and KTV bars, will be promoted by Kaixin001.com users and the microblog platform launched by online portals, according to the SNS, noting that its partners will get a majority of the revenue from the service.

The Beijing-based company came with group purchase discount services with Tuan.aibang.com, a group purchase service unit of Aibang.com, in December 2010, making third-party group purchase sites accessible in the Kaixin001.com platform.

Source: www.qq.com (February 28, 2011)

KEYWORD: BEIJING INDUSTRY KEYWORD: Internet & Online Services & Media SUBJECT CODE: Internet & Online Services
E-commerce
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SNS
group purchase
discount
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