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Hot Sales in Couppie and Yahoo! Hong Kong

Couppie
2011-07-12 15:12 1737

Vendor Fetches over HK$1 Million Turnover

HONG KONG, July 12, 2011 /PRNewswire-Asia/ -- Couppie, a popular group purchase portal in Hong Kong entered into partnership with Yahoo! Hong Kong earlier, making available its discount offers in Yahoo! Deals. Yahoo! Hong Kong's users can now enjoy a refreshing group-buying experience with more and up-to-date choices. The power of marrying Yahoo! Hong Kong's wealth of members with Couppie's quality group deals has been remarkable. Together they set a new record of over HK$1 million for the highest turnover volume of a single deal within just 7 days of cooperation.

Actively seeking business expansion, Couppie began partnership with Yahoo! Hong Kong on June 15, 2011 by publicising its group deals there. Now it offers 10 deals on average each day. With just a few weeks' cooperation, Couppie has impressively broken the record for the biggest turnover of single offer in Yahoo! Deals.

"The reception to the deal we offered in Couppie has been beyond expectation. It brought us over HK$1 million turnover in just 7 days," said manager of Tokyo Wako, a Japanese restaurant. "The collaboration between Couppie and Yahoo! Hong Kong gives us the opportunity to present our brand in Yahoo! Hong Kong's extended platform, which significantly enhanced our brand exposure and reputation. We are delighted with the results of our promotional efforts in Couppie. And we won't be surprised to see even better results in our future cooperation."

Established in August 2010, Couppie has evolved in just 10 months' time from a two-man company into a sizeable group-buying enterprise that offers quality group deals. It has a monthly turnover of about HK$3 million and now is a partner of Yahoo! Deals Hong Kong. "We attach great importance to service and quality. We will not be able to retain our customers without premium service and quality deals. So we try hard to provide the best service to vendors who provide the deals, users who buy them, and partners. This is our core value," said Mr. Cheung Ting-leung, COO of Couppie on how the company has been so successful.

In another development, Couppie announced its merger with Joy-Coupon on June 1, 2011 to enhance quality and further expand business. Its goal is to usher in a new era of group purchase and become the leading group-buying enterprise in Hong Kong that offers the best discounts and experience to group buyers and business opportunities to vendors.

"We are committed to delivering group deals of the greatest variety and quality to every customer and at the same time promoting brand image of vendors. With the synergy of our partnership with Yahoo! Hong Kong, a larger number of its users get to know our brand. This not only reinforces the brand image of our company and partner vendors, but brings a bigger variety of group deals to Yahoo! Hong Kong's users. They may now enjoy enhanced group-buying pleasure in a credible platform. We are keen to making more achievements," said Mr. Lai Kin-wai, CEO of Couppie and Joy-Coupon.

Looking ahead, Mr. Lai continued: "The emergence of social networking sites has transformed the e-commerce model from B2C (Business to Customers), B2C (Business to Business) and C2C (Customers to Customers) to O2O (Online to Offline). We will continue to provide customers with large discounts and novel deals. In addition, we will explore more value-added services out of our group deal service and existing technologies. We will also integrate the technology platform we have developed with social networking sites including facebook and Google+ to provide consumers with better shopping experience and encourage online users to adopt an offline shopping mode to boost business opportunities for vendors."

About Couppie

Couppie is a fashionable integrated group-buying portal in Hong Kong. It offers a full range of quality deals on apparel, food, accommodation, travel, entertainment, beauty and many others. Its 180,000 members have access to the latest deals offered by over 400 partner vendors through the portal. Couppie announced its merger with Joy-Coupon on June 1, 2011 to enhance quality and further expand business. Its goal is to become the leading group-buying enterprise in Hong Kong. For more information, please visit www.couppie.com.

Source: Couppie
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