Why Groupon Failed In China

Listing Websites about Why Groupon Failed In China

Filter Type:

A Case Study on International Expansion: Groupon’s Cultural Mista…

(1 days ago) People also askWhat happened to Groupon in China?And we haven’t even started to talk about Groupon’s soon-to-be failed joint-venture, Gaopeng.com, launched in partnership with China’s internet giant Tencent. Just two months ago at the end of August, Groupon closed 13 of its Chinese locations and fired over 400 full-time staff.4 Mistakes Behind Groupon’s Failure in Chinawww.techinasia.com/4-mistakes-behind-groupons-failure …Why did the Groupon business model fail?The business model failed because of pure greed. Groupon would typically ask the merchant to offer a discount of 50% on food deals, and still take a 50% commission on what was left. To add insult to injury, the merchant would be taxed on the 25% they had left. Although I worked for Groupon South Africa,Why is Groupon failing? - Quorawww.quora.com/Why-is-Groupon-failingWhat was Groupon’s biggest mistake?The next mistake of Groupon came from communicating their strategy for the Chinese market. Groupon announced to use an aggressive strategy, successful in all other countries, to find the best employees the market has to offer. This included offering employees from competitor’s huge salaries to come and work at Groupon.Famous Failures in China - 1421 by Acclimewww.1421.consulting/2016/02/famous-failures-in-china/What are some of the most famous failed businesses in China?Our last famous failure in China is Groupon. The famous e-commerce marketplace connecting local businesses with consumers through discounts, entered China in 2011. They brought hundreds millions to the table in setting up a Joint Venture with Tencent, one of China’s largest internet companies.Famous Failures in China - 1421 by Acclimewww.1421.consulting/2016/02/famous-failures-in-china/Feedback4 Mistakes Behind Groupon’s Failure in China - Tech in Asiahttps://www.techinasia.com/4-mistakes-behind-groupons-failure-in-chinaGroupon’s failure to draw more heavily on local talent in its management structure limited its ability to adapt to local nuances and succeed in the Chinese market. Out of Groupon’s senior management team in China, only two members were Chinese: one from mainland China and the other from Hong Kong… See more

Visit URL

Category:  Food Show All Coupons

Why Groupon is Failing in China News EntertainmentWorkers.com

(5 days ago) WebThey are the undisputed leader in social discounts and the company everyone is gunning for. There are new social deal sites popping up all the time, and …

Visit URL

Category:  coupon codes Show All Coupons

What's Wrong With Groupon in China - Tech in Asia

(Just Now) WebThe result of these cuts has been that many in China’s industry now consider Groupon “tainted”, an unstable place to work. In …

Visit URL

Category:  coupon codes Show All Coupons

A Case Study on International Expansion: Groupon’s …

(5 days ago) WebAccording to Yinan Du (CEO of 24Quan) and Xing Wang (CEO of Meituan), Groupon failed in China on two fronts: Groupon rushed their entry into China, and …

Visit URL

Category:  coupon codes Show All Coupons

Groupon’s Struggle in China No Surprise, Say Analysts

(5 days ago) WebPCWorld Aug 25, 2011 3:00 am PDT. Groupon’s problems in China, including a recent round of staff layoffs, have come as no surprise to analysts, who hold …

Visit URL

Category:  coupon codes Show All Coupons

Groupon in China — why it could succeed where others …

(6 days ago) WebWhy behavioral and socially driven companies fail in China. A large part of the reason these companies fail is due to the lack of cultural understanding. eBay failed …

Visit URL

Category:  coupon codes Show All Coupons

The Groupon Effect in China - Knowledge at Wharton

(2 days ago) WebIn January 2011, Groupon, the world's fastest-growing company, launched its online coupon business in China, the world's fastest-growing economy. At that time, …

Visit URL

Category:  coupon codes Show All Coupons

Why is Groupon failing? - Quora

(4 days ago) WebAnswer (1 of 12): I can answer this question the best because I worked for Groupon for almost 4 years in the capacity of business development manager. My job was to close …

Visit URL

Category:  coupon codes Show All Coupons

How Groupon Is Losing China • TechCrunch

(2 days ago) WebPanel guests Yinan Du (CEO of 24Quan) and Xing Wang (CEO of Meituan) agreed on at least two points: Groupon rushed their entry into China, and failed to embrace the culture (or hire people who

Visit URL

Category:  coupon codes Show All Coupons

#138 Groupon in China. No longer in the company of …

(Just Now) WebIn almost every important element of a market entry strategy, Groupon failed. As China is a more collectivism society than the Western individualistic mindset, once Groupon began to fail and customers …

Visit URL

Category:  coupon codes Show All Coupons

Groupon's Foray Into China Sounds Like a Disaster - Forbes

(1 days ago) WebHowever, it sounds like Groupon's kiss of death in China, which is a problem that has plagued many American firms setting up shop in China, is thinking they know …

Visit URL

Category:  coupon codes Show All Coupons

How did Groupon fail? - WhoIsWh

(6 days ago) WebWhy did Groupon fail in China? According to Yinan Du (CEO of 24Quan) and Xing Wang (CEO of Meituan), Groupon failed in China on two fronts: Groupon …

Visit URL

Category:  coupon codes Show All Coupons

Why Western Digital Firms Have Failed in China - Harvard Business …

(Just Now) WebFirst, interviews were conducted with 40 senior business executives from six leading Western digital firms (Google, Yahoo, eBay, Amazon, Groupon, and Uber) and …

Visit URL

Category:  coupon codes Show All Coupons

Can’t Just Buy Your Way In – What Groupon Learned in China

(1 days ago) WebWhat Not to Do in China. Groupon in China is a good new market entry case study. Similar to why eBay failed in China, it shows that the largest ecommerce …

Visit URL

Category:  coupon codes Show All Coupons

Why eBay, Best Buy and Groupon Failed in China, and Lessones …

(3 days ago) WebHow eBay invested US$180 million to capture 80% of China's ecommerce market in 2002, only to see that shrunk to 36% by 2005; Many international companies

Visit URL

Category:  coupon codes Show All Coupons

Famous Failures in China - 1421 by Acclime

(1 days ago) WebThe harshest statement on why amazon has failed in China is connected to the Chinese labour force. It is said that Amazon could not exploit the labour force enough …

Visit URL

Category:  coupon codes Show All Coupons

Why Uber Failed in China - Business Insider

(3 days ago) WebThis is why Uber failed in China. When asked about Uber's attempt to dominate in the vast market that is China, the CEO of homegrown ride-sharing company …

Visit URL

Category:  coupon codes Show All Coupons

This is why Uber failed in China Business Insider India

(6 days ago) WebOn Monday Uber fled China. It surrendered a massive market and sold its $8 billion business to Liu's Didi less than a week after Chinese regulators legalized ride …

Visit URL

Category:  coupon codes Show All Coupons

The Paper Dragon: Why China Will Fail National Review

(6 days ago) WebDecember 2, 2022 2:20 PM. The protests against China’s draconian zero-Covid policies are revealing the regime’s critical weaknesses. A s a saying often …

Visit URL

Category:  coupon codes Show All Coupons

Filter Type: