in the context of lack of capital, flow, part of the independent group of companies turned to join the enemy but also friends of Juhuasuan".
December 4th, Alibaba, Juhuasuan group’s business group, full network and Wowo mall jointly announced Wowo and full set up shop in the "Taobao life", and "Juhuasuan city life service access". This is the second international network, thousands of network products, more independent group purchase website decided to Juhuasuan.
begging Juhuasuan, is behind the struggling group purchase website. Three years so far, not a website profit, group purchase originator Groupon caught in a low growth, low profit margins dilemma, the share price from more than a year before the peak of $25 to about $2.6 now.
Matthew effect is more obvious. The top five buy site to occupy the market share of about 70%-80% of the market, not included in the purchase of the site to survive worrying. Lack of hematopoietic capacity to make some buy site operating pressure continues to increase.
for "Juhuasuan" can solve the worries, but providently. Group 800 co-founder Hu Chen believes that cooperation with Juhuasuan will dilute the brand, which has been a huge sum of money, the desire to buy a separate listing of the site is tantamount to giving up the future.
in October this year, Juhuasuan and Wowo mall and full network started system level docking, the main access to restaurants and movie ticket business. "Hope to be in before the end of a formal cooperation agreement", vice president of Beijing Wei Han introduced Wowo mall. At the end of November, the full network, Wowo mall rushed on the line at Juhuasuan, hope to catch up with the "Juhuasuan 123" popularity.
early access Wowo mall on the Juhuasuan platform 36 city including the 160 and 22 paragraph of delicacy leisure entertainment, 15 movies, 50 life service goods. Taobao "full network access to the 21 city shops, a total of 292 models of service life of goods.
Wei Jinghan said: "this is a win-win cooperation". Juhuasuan, the user can flow from ads and help Wo Wo Group provide Wowo mall; 2000 people push the service team to help improve the localization of life services.
business group president Zhang Yu in an interview published data show: "this year, Juhuasuan group accumulated 78 thousand products, the transaction amounted to about 10000000000 yuan; Juhuasuan daily access to UV is about 6000000, the average daily sales of more than 60 million yuan." Huge flow and sales of the temptation to buy an independent website.
buy market is declining. According to the group 800 statistics, following the August group turnover reached a record high of $2 billion 110 million, the next two months are falling, in October the overall turnover of $1 billion 780 million. According to another report released by the group 800, in October this year, more than half of the group to buy less than 17 people to buy, and more than half of the final turnover of less than 120>