The Chinese Online-to-Offline (O2O) market has evolved in the last 15 months. Investors, who once looked towards the industry as a viable and highly investable area for investors, are now looking for profits.
Hence the O2O space, is now consolidating, with competitors now becoming partners and merger being the industry’s buzzword. In this spirit, here is a list of the major mergers in the Chinese O2O market in 2015.
| Company 1 | Company 2 | Valuation | Date |
|---|---|---|---|
| Didi Dache | Kuaidi Dache | $6B* | Feb 2015 |
| Meituan | Dianping | $15B* | Oct 2015 |
| 58 | Ganji | $10B* | Apr 2015 |
| Ctrip | Qunar | $15.6B* | Oct 2015 |
| WePiao | Gewara | – | Dec 2015 |
| *combined valuation at time of merger | |||
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