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55Tuan claims to be First Profit-Making Chinese Groupon

TechNode : Xu Maodong, CEO of 55Tuan, claimed yesterday that the Chinese groupon wannabe has turned a profit of millions Chinese yuan in the month ending December 25th of this year, making 55Tuan the first of its kind to turned profitable at large scale. Manzuo said it make a net income of 1 yuan in this September, which sounded more like a PR effort.

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