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Mergers and acquisitions are the trend in China's Internet industry. For instance, Meituan.com and Dianping.com have agreed to a merger, backed by giants Alibaba and Tencent.
China’s Internet Giants Turn 'Kingmakers' as Consolidations Surge

ByManny Salvacion | Nov 07, 2015 07:40 AM EST

58.com CEO Jinbo Yao (R), watches as his company is priced during its IPO at the New York Stock Exchange.
58.com to Buy Strategic Stake in Rival Ganji.com

ByAlvin Ybanez | Apr 18, 2015 07:32 AM EDT

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