Will China’s Group Buying Fad Survive 2012?

A few weeks ago we posted about yet another Groupon China (a.k.a. Gaopeng) scandal involving a bogus McDonald’s meal deal and pointed out how the company’s problems reflect the deteriorating condition of China’s flailing group buying (tuangou) industry as a whole.

Read more about the fate of group buying on Agendabeijing.com.