Groupon launches Gaopeng.com coupon site in China
Estimates peg the number of Internet users in China at around half a billion. Groupon will be fighting for market share with other group buying services, and it has apparently partenered with Tencent -- which develops China's most popular instant messaging app QQ -- to get Gaopeng off and running.
Competitors aren't totally thrilled with Groupon's arrival, and not just because there's another deal site in China. Groupon has been accused of poaching staff -- and competitors have firmly stated that employees who leave for Grouon will not be welcomed back.