Total Funding
60
4
Total FundingSeries D raised
Growth Score
-5 pts
Heat Score
-7 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Events
Raised Funding Round
Jan 1, 1970
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Gaopeng.com is a group-buying website that offers discounts to customers at local merchants in China via daily emails.
Ning Lin: CEO
About the Company
Gaopeng.com operates as a group-buying website in China. It is an online portal that offers discounts to customers at local merchants in China via daily emails.
Gaopeng.com is financed by Groupon and Tencent, each of which owns 50% of the share. The site combines Groupon’s global group-buying operation experience with Tencent’s large user base.
In August 2012, Gaopeng.com and Ftuan.com merged into one company named Wangluotianxia, and Lin Ning was appointed as its chief executive officer. Tencent and Groupon invested 40 million U.S. dollars in the new company and became principal shareholders together with the management team.
Gaopeng.com was launched on February 15, 2011.
