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China's two online-to-offline service providers Meituan.com and Dianping.com have merged2.
The 15-billion-U.S. dollar new company will run on a co-CEO basis and keep the original structure of their respective human resources departments.
Meituan and Dianping will also continue to run their businesses in parallel, retain their brands, as well as remain independent.
Meituan.com is a group-buying site backed by Alibaba Group.
美团与大众点评合并 将称霸O2O?
Consumer review service Dianping.com is funded by Tencent Holdings.
For more on this, CRI's Spencer Musick spoke4 with Doug Young, Associate professor at Fudan University and former China company news chief with Reuters.
Questions:
2.Analysts5 say the merge between Meituan and Dianping would allow them to have absolute dominance of the group-buying market in China. Do you agree with this point and believe the move will benefit both companies?
3.What is the significance to the Chinese online to offline market?
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merge
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v.(使)结合,(使)合并,(使)合为一体 | |
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merged
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(使)混合( merge的过去式和过去分词 ); 相融; 融入; 渐渐消失在某物中 | |
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merger
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n.企业合并,并吞 | |
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spoke
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n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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analysts
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分析家,化验员( analyst的名词复数 ) | |
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