China News Digest: August 5, 2016
The following press releases and news reports about China companies were carried on August 5. To view a full article or story, click on the link next to the headline....
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INTERNET: China Regulator Putting Brakes on Uber-Didi Mega Marriage?
Bottom line: China’s anti-trust regulator’s assertion that the Didi-Uber China mega-merger will require its approval could mark the beginning of a new, tougher stance towards the nation’s rapidly...
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GUEST POST: Uber’s U-turn in China: The Real Lesson
Uber learns lessons from Didi By Kitty Fok Managing Director, IDC China Much of the conventional wisdom and press commentary about Uber’s...
View ArticleChina News Digest: September 3-5, 2016
The following press releases and news reports about China companies were carried on September 3-5. To view a full article or story, click on the link next to the headline....
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INTERNET: Antitrust Watchdog Finally Gets Tough with Didi, Uber
Bottom line: The antitrust regulator’s decision to review Didi’s proposed union with Uber China marks the start of a new era of much-needed government oversight of major Internet mergers. Antitrust...
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INTERNET: Baidu-Meituan Merger Talk Looks Spicy, But Dicey
Bottom line: Rumors that Baidu may be planning to merge its take-out dining and group buying units with Meituan-Dianping are consistent with recent market trends, but are less likely to be true due to...
View ArticleChina News Digest: October 11, 2016
The following press releases and news reports about China companies were carried on October 11. To view a full article or story, click on the link next to the headline....
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FUND RAISING: Bike Sharing Firm Ofo Raises Funds, ZTO Files for NY IPO
Bottom line: ZTO’s proposed New York IPO is getting modest interest due to concerns about competition in the parcel delivery sector, while bike sharing service Ofo could make its own offshore IPO in...
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INTERNET: Didi Chuxing Drives Into Bikes, Brazil
Bottom line: Didi’s Brazilian acquisition looks relatively shrewd and could be followed by more such moves in developing markets, while its purchase of a local bike-sharing firm looks less prudent....
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INTERNET: Meituan Aims at Didi with Drive Into Car-Sharing
Bottom line: Meituan’s move into shared car services is likely to reignite a price war with incumbent Didi, and could be aimed at generating excitement ahead of a mega-IPO later this year. Meituan...
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INTERNET: Didi, Meituan Drive Into Each Others’ Turf in Search of Growth
Bottom line: Didi’s foray into takeout delivery and Meituan’s into private car services look like moves of desperation to make the companies more attractive as they get pressured to make IPOs by the...
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