02/08/2010
Thread comment: Are you talking about groupon kind of business? There are 400 of those in China today.
My reply comment:
Well, 400 is probably an underestimated figure from a stats released couple of months ago.
However states usually do not tell a true story based on what you believe in. I would foresee two-thrid of those 400 groupon-like copycats would disappear within 6 to 12 months. At the end, only 10 to 20 such companies will survive and subsequently thrive with their own innovation on top of what groupon was originally about. Give China's economical and social development state today as they are, business development on a new innovative idea like groupon is indeed going through, although seemingly insane to western mature economies, yet its normal form right now.
Might DailyDeal.com become one of the last 10 to 20 survivors and thrivors?
No comments:
Post a Comment