Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu, or team buying.
Group buying,也被称为collective buying,以大幅降低价格提供产品和服务,条件是只有达到最低购买人数后才可以购买。团购的起源可以追溯到中国,它被称为团购,或团队购买。
In recent times, group buying websites such as Pinduoduo in China and Teamkaro in India have emerged in the online shopping business.
近年来,中国拼多多、印度卡若团等团购网站在网上购物领域崭露头角。
Typically, these websites feature a "deal of the day", with the deal kicking in when a set number of people agree to buy the product or service.