Groupon China May Strike A Deal With Tencent

Posted Jan 16, 2011

Groupon is currently in talks with major Chinese Internet company Tencent to co-brand a deals website there. Normally Groupon would buy a competitor or a clone and re-brand them, but in this case it sounds like Chicago-based group coupon service is seeking something more.

Interestingly enough, there are a ton of Groupon clones in China including, which is not affiliated with at all.

Groupon and Tencent share a common investor too: the Group, formerly known as Digital Sky Technologies (DST). owns 5% of Groupon and Tencent is an invest in