Scaling Groupon Across Asia

By 2010, I was living a comfortable life in the USA with my hospitality furniture business. The MGM City Center project had been successful, and I had established a profitable import-export operation. But comfort, I've learned, can be the enemy of greater achievement.
That's when I saw the Groupon model exploding in the USA. I was immediately fascinated by how simple yet powerful the concept was—connecting local businesses with consumers through compelling daily deals. I knew I could never compete with Groupon in their home market, but I saw an enormous opportunity in Asia, where the group buying concept was still nascent.
The decision to leave my comfortable life in America and move to Hong Kong to start uBuyiBuy, a group buying website, might have seemed crazy to outside observers. But for someone who had been making unconventional decisions since age 15, it felt like the natural next step.
When I moved to Hong Kong in 2010, I had zero network, lived in a 100 square foot apartment, and worked 20 hours a day. Everyone told me the group buying concept would not work in Hong Kong. The market seemed saturated before I even started—there were already 57 competitors in Hong Kong at the time.
But I had learned something crucial from my early work experiences: success isn't about having the best starting position—it's about having the best execution. While my competitors were focused on raising money and building flashy websites, I was focused on understanding customers, building relationships with merchants, and creating genuine value for both sides of the marketplace.
"When everyone tells you something won't work, you have two choices: listen to them and give up, or prove them wrong through relentless execution. I've always chosen the latter."
When we launched the platform on June 28, 2010, I was incredibly anxious. Despite all my preparation and confidence in the concept, I had no idea if it would actually work in the Hong Kong market. The cultural differences, the competitive landscape, the skepticism from potential partners—everything felt uncertain.

But we somehow made it work. Even though there were 57 competitors in Hong Kong at the time, we were always #1. This wasn't because we had better technology or more funding—it was because we understood that success in the group buying business was fundamentally about execution excellence: finding the right deals, building trust with merchants, creating compelling value propositions for consumers, and delivering exceptional customer service.
After six months of dominating the Hong Kong market, Groupon came calling and acquired a majority stake in the business. This wasn't just a financial success—it was validation that the pattern recognition and execution capabilities I had developed were transferable across markets and scalable across different business models.
The Groupon acquisition provided something invaluable: the opportunity to scale across multiple Asian markets with the backing of a global technology platform and working with amazing entrepreneurs.

Over the next few years, I helped build Groupon into the largest e-commerce company in Asia.
Managing Groupon's expansion across seven Asian markets taught me lessons about international scaling that directly inform our IM8 global expansion strategy today. Each market had unique cultural nuances, regulatory requirements, competitive dynamics, and consumer behaviors. Success required the ability to maintain consistent brand standards while adapting to local market conditions.
By the time I left Groupon, we had built the business to $130 million in annual revenue with over 350 staff members across the region. More importantly, I had learned how to build operational systems that could maintain quality and consistency across multiple markets simultaneously—capabilities that are essential for our current dual-engine strategy.
"Scaling across multiple international markets teaches you that success isn't about having one perfect strategy—it's about having systems that can adapt to different conditions while maintaining consistent execution standards."
The Groupon experience provided the operational foundation for everything that followed. The lessons learned about performance marketing, international expansion, team building, operational scaling, and maintaining quality across diverse markets directly inform our approach to building IM8 into a global supplement brand while simultaneously managing a sophisticated Bitcoin treasury strategy.