Company Overview

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Founded:
March, 2010
Founders:
Bo Wu
Headquarters:
Beijing
Funding:
$165M
Categories:
E-Commerce

Lashou is a location-based social-commerce internet and mobile platform for the Chinese service industry.

Description

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Lashou is a location-based social-commerce Internet/mobile platform for the Chinese service Industry. It is the Chinese version of Groupon+Foursquare.

By enabling online to offline commerce transactions, Lashou offers merchants accurate marketing solutions. Laoshou currently provides services in 500 Chinese cities, including Beijing, Shanghai, Hong Kong, and Taipei. The company aims to expand in Southeast Asian countries such as Malaysia, Thailand, and Singapore in the second half of this year.

Founded in March 2010, Lashou has quickly grown into China's biggest group-purchasing website with an estimated market value of $1.1 billion. Lashou raised $55 million from Tenaya Capital, Norwest Venture, the Rebate Network, and GSR Partners.

As of January 20, 2011, its registered users totaled 3 million and monthly visits exceeded 30 million.

Current Team (1)

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Board Members and Advisors (4)

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Funding Rounds (3) - $165M

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Investors (7)

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Offices/Locations (1)

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  • Office

    Chaoyang District

    Beijing,

    CHN

Images (1)

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  • 65020acd667123cc111a206c63a5c278

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