兩岸微商網路創業平台

Chinese online groups agree merger worth as much as $20bn

Two of China』s largest online companies have agreed to combine in what will be the country』s largest private market merger, with a potential valuation of as much as $20bn according to people familiar with the matter.

中國兩大網際網路公司美團網(Meituan)以及群眾點評網(Dianping)贊成合併。這宗合併將成為中國規模最大的非公開上市企業合併交易——知情人士稱，潛在估值最高可達200億美元￥。

By coming together, Meituan.com and Dianping Holdings will dominate in China』s market for providing everything from movie tickets to discount restaurant coupons and home delivery of food.

美團以及群眾點評合併後，將主宰中國很大一塊市場，業務從電影票到餐廳折扣券以及外賣送餐等等。

Meituan, had about 52 per cent of the Rmb77bn ($12.1bn) online-to-offline services market in the first half of the year, according to researcher Analysys International, while restaurant review app Dianping accounted for about 30 per cent.

鑽研機構易觀國際(Analysys International)

資料顯示，今年上半年，中國「線上到線下」(O2O)服務市場規模為770億元￥新台幣（合121億美元￥），團購網站美團約佔其中的52%，餐廳評論網站群眾點評約佔其中的30%。

The combined group will pose a greater threat to other established players, notably search engine Baidu』s consumer services platform Nuomi. Baidu in June said it would invest Rmb20bn in its Groupon-like site in an effort to make it the number two player in the market by the end of the year.

合併後的新公司將對其他既有同行形成更大威逼，尤其是搜尋引擎百度(Baidu)旗下的消費者服務平台糯米網(Nuomi)。今年6月百度表示，將向糯米投資200億元￥新台幣，力圖讓其在今年年底前變為該市場排名第二的企業。

With Meituan backed by ecommerce giant Alibaba and Dianping by social media and gaming group Tencent, the merger marks a decision to forgo a expensive price and subsidy war and focus on creating scale.

美團的暗地裡是電商巨頭阿里巴巴(Alibaba)，群眾點評的暗地裡是社交媒體以及遊戲集團騰訊(Tencent)，此次合併標誌著兩家公司抉擇拋卻代價昂揚的價格與補貼戰並關注於打造規模。

Despite the differing sizes and valuations, the tie-up is being billed as one of equals. The two company heads will become co-chief executives of the new company, which will have two head offices, one in Beijing where Meituan is based and one in Shanghai, Dianping』s home.

儘管兩家公司規模以及估值不同，但雙方的合併被稱為「對等合併」。兩家公司的首席執行官將成為新公司的聯席首席執行官，新公司將設立兩個總部，一個是美團總部所在地北京，另一個是群眾點評總部所在地上海。

The deal will give existing management a significant share of the merged unit. Sequoia Capital Management, which has been an investor both in Meituan and Dianping in almost all of their financing rounds, will be a big beneficiary, along with other stakeholders including Alibaba and Tencent.

這宗交易將讓現有管理層在合併後的新公司中盤踞一大塊股分。紅杉資本(Sequoia Capital Management)在美團以及群眾點評兩家公司的幾乎所有融資回合中都有投資，該公司以及內含阿里巴巴以及騰訊在內的其他股東將成為重大受益者。

Chinese online groups agree merger worth as much as $20bn

Two of China』s largest online companies have agreed to combine in what will be the country』s largest private market merger, with a potential valuation of as much as $20bn according to people familiar with the matter.

中國兩大網際網路公司美團網(Meituan)以及群眾點評網(Dianping)贊成合併。這宗合併將成為中國規模最大的非公開上市企業合併交易——知情人士稱，潛在估值最高可達200億美元￥。

By coming together, Meituan.com and Dianping Holdings will dominate in China』s market for providing everything from movie tickets to discount restaurant coupons and home delivery of food.

美團以及群眾點評合併後，將主宰中國很大一塊市場，業務從電影票到餐廳折扣券以及外賣送餐等等。

Meituan, had about 52 per cent of the Rmb77bn ($12.1bn) online-to-offline services market in the first half of the year, according to researcher Analysys International, while restaurant review app Dianping accounted for about 30 per cent.

鑽研機構易觀國際(Analysys International)

資料顯示，今年上半年，中國「線上到線下」(O2O)服務市場規模為770億元￥新台幣（合121億美元￥），團購網站美團約佔其中的52%，餐廳評論網站群眾點評約佔其中的30%。

The combined group will pose a greater threat to other established players, notably search engine Baidu』s consumer services platform Nuomi. Baidu in June said it would invest Rmb20bn in its Groupon-like site in an effort to make it the number two player in the market by the end of the year.

合併後的新公司將對其他既有同行形成更大威逼，尤其是搜尋引擎百度(Baidu)旗下的消費者服務平台糯米網(Nuomi)。今年6月百度表示，將向糯米投資200億元￥新台幣，力圖讓其在今年年底前變為該市場排名第二的企業。

With Meituan backed by ecommerce giant Alibaba and Dianping by social media and gaming group Tencent, the merger marks a decision to forgo a expensive price and subsidy war and focus on creating scale.

美團的暗地裡是電商巨頭阿里巴巴(Alibaba)，群眾點評的暗地裡是社交媒體以及遊戲集團騰訊(Tencent)，此次合併標誌著兩家公司抉擇拋卻代價昂揚的價格與補貼戰並關注於打造規模。

Despite the differing sizes and valuations, the tie-up is being billed as one of equals. The two company heads will become co-chief executives of the new company, which will have two head offices, one in Beijing where Meituan is based and one in Shanghai, Dianping』s home.

儘管兩家公司規模以及估值不同，但雙方的合併被稱為「對等合併」。兩家公司的首席執行官將成為新公司的聯席首席執行官，新公司將設立兩個總部，一個是美團總部所在地北京，另一個是群眾點評總部所在地上海。

The deal will give existing management a significant share of the merged unit. Sequoia Capital Management, which has been an investor both in Meituan and Dianping in almost all of their financing rounds, will be a big beneficiary, along with other stakeholders including Alibaba and Tencent.兩岸商貿,在家工作,網路創業,創業賺錢思惟,微商平台,賺新台幣

這宗交易將讓現有管理層在合併後的新公司中盤踞一大塊股分。紅杉資本(Sequoia Capital Management)在美團以及群眾點評兩家公司的幾乎所有融資回合中都有投資，該公司以及內含阿里巴巴以及騰訊在內的其他股東將成為重大受益者。