About
Gaopeng.com operates as a group-buying website in China. It is an online portal that offers discounts to customers at local merchants in China via daily emails. Gaopeng.com is financed by Groupon and Tencent, each of which owns 50% of the share. The site combines Groupon’s global group-buying operation experience with Tencent’s large user base. In August 2012, Gaopeng.com and Ftuan.com merged into one company named Wangluotianxia, and Lin Ning was appointed as its chief executive officer. Tencent and Groupon invested 40 million U.S. dollars in the new company and became principal shareholders together with the management team. Gaopeng.com was launched on February 15, 2011.
Position in the VCSift Database
- • 8,111 investors in VCSift focus on the e-commerce sector.
- • 1,530 investors are based in Beijing, Beijing, China.
Data sourced from 410,343 investor profiles. Updated June 2026.
Investment Focus
- Sectors
- e-commerce
- Location
- Beijing, China
Contact Information
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