Retailing, Franchising, and Consumerism Business Intelligence in China

Tencent




JD.com To Close Paipai.com By End Of December

Chinese B2C e-commerce operator JD.com announced that they will stop services at Paipai.com on December 31, 2015, and after a three-month transition period the website will be completely shut down by April 1, 2016.





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Groupnet Consolidates Brands For Chinese Group Buying Websites

Chinese group buying website Ftuan.com announced that its physical company has been renamed from Beijing Kala Interactive Technology Company Limited to Beijing Wangluo Tianxia Life Technology Company Limited, and both Ftuan.com and Gaopeng.com will be…