Thursday, November 17, 2011

Groupon China JV Says That The Sale Of Fake Watches Tissot

(Reuters) - China Daily Groupon offers Gaopeng business said on Monday it had sold fake luxury watches in error, and replaces it with irate customers in the last battle expands to a promising market.

The Groupon joint venture, and China's top Internet company Tencent Holdings, said Tissot fake watches, a brand owned by the world's largest watchmaker Swatch Group, was sold on its website last month, 690 yuan (109 dollars), less than a quarter of its original price of 3,000 yuan.

"After a study of Tissot watches of the incident ... Gaopeng grocer had given us is false documents qualifying agent, "said Gaopeng in a statement.

"We are outraged and have initiated legal proceedings. We hope to protect the interests of consumers and Gaopeng legal methods."

Hundreds of people had purchased watches through the contract, according to local media, but soon there were complaints from buyers when he found the watch and its accessories to be of poor quality. Gaopeng refused to comment on the details of the transaction.

"The incident revealed errors in our staff of quality control in the study and treatment of our merchants. We have had many discussions with staff," Gaopeng said, adding that it will reimburse customers an additional 200 yuan for the quarrel.

Tissot officials could not be reached for comment, but local media, Tissot said in a statement that all the clocks seem very Gaopeng has been shown to be false.

Groupon is the largest newspaper in the world that deals with activities in the region and its CEO Andrew Mason took the company public last week, highlighting its three years of almost $ 20 billion.

But the company has struggled with China, which is dominated by local brands.

Gaopeng, the player is ranked eighth in the country, 10 offices closed in August and fired hundreds of employees of the central heating competition in the cart.

Lashou, the country's leading daily deals site, filed in October it plans to raise up to $ 100,000,000 IPO on Nasdaq's efforts to expand marketing and distribution.

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