Groupon Hong Kong Spreads Good Cheer with MSN Hong Kong and SINA Hong Kong

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Hong Kong, December 9, 2010 – Let the savings begin! In the busiest shopping season of the year, now just two weeks away, consumers can take advantage of amazing offers – on Groupon Hong Kong, MSN Hong Kong and SINA Hong Kong – right from the comfort of everywhere.

Groupon Hong Kong, formerly named uBuyiBuy.com, today announced it is teaming up with MSN Hong Kong and SINA Hong Kong to provide a group buying platform for their users. With the additional avenues and new holiday specials, Groupon Hong Kong is sure to have something for everyone in Hong Kong on your shopping list.

Beginning December 9, members of MSN Hong Kong and SINA Hong Kong will be able to access Groupon Hong Kong’s daily deals available online at www.msn.com.hk and www.sina.com.hk respectively. The inaugural deal today on December 9 will be a special offer from TurboJET. For only HK$369, customers will receive round trip ferry tickets on TurboJET (valued HK$344), lunch or a dinner buffet at Macau Tower with entrance to the observation deck and a cash voucher for Bungy Jump or Sky Jump at Macau Tower (value HK$1,014).  Other upcoming deals include HK$99 for a HK$268 Da Dolce cake (1 lb) from December 17-19 and a low price of HK$98 for a massage or facial treatment  at Angel Cosmetic (valued HK$620) as well as a HK$100 cash voucher by the end of December (all together valued $720).

“We are thrilled about our collaboration with the two popular web portals in Hong Kong. We want our customers to know how much we appreciate them, especially at this time of the year, when they are looking for even more value and more savings,” said Danny Yeung, Chief Executive Officer, Groupon Hong Kong. “Increasing avenues for Groupon Hong Kong creates more opportunities for local businesses to connect with customers, while giving consumers what they need for shopping and dining. Our collaboration with MSN Hong Kong and SINA Hong Kong is part of our commitment to bringing the best of local deals to consumers in Hong Kong.”

"The way consumers make purchases has changed significantly with the Internet and digital media, as consumers are seeking both value and convenience. The collaboration of MSN Hong Kong and Groupon Hong Kong demonstrated how this meaningful partnership influences consumer’s decisions during the purchase journey. I am sure our two million MSN users will be very excited about the good deals," said Leslie Chu, General Manager, Taiwan, Hong Kong & Macao, Microsoft Online Service Group.

“We are pleased to partner with Groupon Hong Kong, the market leader in the Asian Group Buying market, as it enables us to offer quality deals with the best user experience to our SINA Hong Kong users, while allowing Groupon Hong Kong to reach more potential consumers by leveraging SINA Hong Kong and the growing popularity of SINA Weibo (MicroBlog). We are confident that this partnership will enhance and uplift the branding of both parties and be successful!” said Meg Lee, General Manager, SINA Hong Kong.

The collaboration arrives at a time when group buying is gaining tremendous popularity in Hong Kong. Groupon Hong Kong uses the power of the Internet to reach the critical mass required to sell large volumes of products or services. Every day, Groupon Hong Kong offers a new deal. Once the number of users required to purchase the item has been reached, participating consumers receive an online voucher allowing them to redeem the item they have purchased.