News and science and technology March 16, group purchase website American Group Network announced today, as of March 2011-February 2012, the United States Group Network "expired consumption refunds" amounted to 78 million yuan, accounting for about 4.3% of total sales.
It is reported that "expired consumption refund" for the United States Network initiative, launched on March 4, 2011. Prior to this, the consumer for various reasons failed to consume the purchase coupons, after the expiry of the period, the Group purchase site does not provide refund services.
Previously, the United States Group Network has published the last fiscal year sales data, the site last year's sales reached 1.819 billion yuan, compared with the original purchase price of goods, the United States Group network for consumers to save 5.829 billion yuan a year.
The United States Group Network on March 4, 2010 Officially on line, is the first group to set up a site, at present, the United States Group Network in Beijing, Shanghai, Guangzhou, Shenzhen and other nearly hundred cities to open stations, with 2,500 employees.