Posts Tagged 'china'

China’s Team Buying

One of UForce’s major inspirations was the success of team buying in China. Check out this article by Corporate Eye for more information on how social marketplaces have boomed in China. The article explains:

“China’s bartering teams or “tuangou” emerged in force over five years ago. The concept has taken off well, becoming quite popular and more preferred by Chinese consumers than going it alone with retailers. Also growing are the numbers of forums and web sites where these consumers meet, talk and strategize about their next planned purchase and buying power, where they also select a leader and determine what amount they are willing to pay – or not pay – for the item they all want.”

Why haven’t they been able to take off in the U.S.? Have people’s movements in this nation died? UForce doesn’t think so. Learn more about the nation’s new social marketplace: http://www.theuforce.com

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