Does China Have a New Largest Video Platform With Merger of Companies Baidu and PPS?
Baidu, a search company based in China, is building its video streaming services and upping its competition with Youku-Tudou, the leader in China’s video market. The purchase of PPS.tv for $370 million today prompted Baidu to make claims that it now offers the biggest video platform in the country. No numbers were released to support this claim and Youku-Tudou challenge the accuracy of it.
The most important question though is whether the purchase of PPS will make Baidu the video market leader? A
Dealfind: What Happened and a Closer Look at the Merger with TeamBuy
As most of you have heard, Dealfind merged with TeamBuy back in January following a turbulent time at Dealfind which included sweeping changes in management and an alarming amount of complaints about customer service, order fulfillment and product value.
We have profiled Dealfind many times on DDM and tracked their impressive growth into one of the leading daily deal sites across Canada. So what went wrong? What really happened and what’s in store for this company now that they’ve merged with TeamBuy?
Here…
Press Release: The Entire Canadian Deals Ecosystem; A Lot Larger Than Realized
WireService.ca Press Release – March 5, 2013 - It is well known that Canadians love finding and redeeming deals. They receive these deals, savings, offers, rebates and incentives from a wide selection of sources. Until now, however, the industry could not easily answer how large in scope the deals industry was in Canada. Nor could anyone answer how many deal categories existed, or what categories there were beyond daily deals and coupons, who the leading deal providers are in the country per category, or who the leading coupon providers, savings…
Chinese Search Engine, Baidu, Quietly Launches New Daily Deal Site
Baidu, a Chinese internet search engine, has quietly revealed they are launching a new group buying site. Currently, the site is only available in Beijing and offers deals on common categories such as movies, spa offers, food and fitness deals. The company is headquartered in the Baidu Campus in Haidian District, Beijing, People’s Republic of China.
According to Marbridge Consulting:
Payment for group buy deals is currently handled through online banking systems. Baidu has not yet developed partnerships with third-party payment…
50 Australian Daily Deal Sites Close In 2012, Daily Deal Industry To Stagnate
While Groupon recorded an awesome 650% year on year growth in 2011, the daily deal site industry took a turn for the worst in 2012, registering an increase of a mere 1.4% on year.
The sudden cease in growth brought on the folding of several group buying sites, bringing the number from 80 down to around 30 today. Telsyte, an Australian based market research and consulting organization that specializes in broadband technologies, services and metrics, explained to Australia’s Marketing Mag that blame changes in…
China’s Daily Deal Market – Top 10 Sites Claim 90% Revenue Share
Groupon’s success has started a chain reaction of daily deals sites appearing in China. While thousands sprung up a few years ago, many have lost their luster, leaving only a handful of daily deal sites to claim the majority of the market, according to a new report.
Chinese daily deal aggregator Dataotuan, who collects data from 60 different daily deal sites across 243 cities, has compiled estimates for the state of the industry at the end of 2012. According to the company, the top three providers (
Jack Media Dips Into The Fashion Industry, Acquires Daily Deal Site – All The Sales
Jack Media, a well-known online marketing firm based in Canada and Australia, announced yesterday the acquisition of leading apparel and fashion accessory daily-deal website All the Sales. Jack Media is known for its ability to “turn browsers into buyers.” The merger has fashionistas excited for the company’s promises to help savvy shoppers “never miss a sale… again.”
All the Sales is a fashion forward site is self-described as a “group of shoppers” frustrated by the time and effort it takes “to find a…
Jimmy Fallon and Twitter Assist In Lincoln’s Super Bowl Debut
Coca-Cola, Audi, and Doritos are not the only businesses that will incorporate social media into their Super Bowl ad this year. Recently, Detroit’s Ford Motor Company announced plans to put together a Super Bowl ad that incorporates tweets about the Lincoln brand.
Late night television talk show host Jimmy Fallon is working with Lincoln to debut the one minute, $8 million dollar commercial, which is currently being shot in California. Lincoln’s Super Bowl debut will feature tweets sent to Jimmy Fallon…
Lightbank Sets Their Sight On The Big Apple
Lightbank, a venture capital company started by Groupon, has designated New York as their first office outside of Chicago. The office will be headed by Lightbank principal Vicki Levine and located in the flatiron district. New York was chosen because of the interest in investing in Series A rounds of East Coast start ups concerning ecommerce, as well as health and media. Also, it will be able to better serve the NYC start ups it has already invested in.
The big question that arose was why…
Unlocking Smartphones Is Now Illegal
This Saturday it will become illegal to unlock a new smartphone without the permission from the wireless carrier that locked it in the first place. This spurs from a final ruling last October by the Librarian of Congress (PDF), which oversees the implementation of rules for the Digital Millennium Copyright Act.
Unlocking a smartphone means purchasing the phone from one carrier network, like Sprint, and then when the user switches carriers they “unlock” the sprint phone so it can be used on the…
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