A leading group buying website in China, announced its series-C round fundraising of USD 60M in September 28, winning co-investment from 4 institutions, including Tencent. Ftuan.com will enlarge online and offline market promotion, launching advertisement in CCTV channel 2 and 4 in Oct. 3rd. Opened in March 2010, ftuan.com got investment over USD 5M in June 2010 and USD 10M in March 2011.