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The Online Sector in China: When Rivals Work Together

January 11, 2016 By Li Hui

In 2014 rival taxi apps Didi Dache and Kuaidi Dache engaged in a fierce price war that left onlookers stunned. According to multiple sources, Didi and Kuaidi altogether splashed over RMB 2 billion (approx. $376 million) on subsidizing customer ride fares. Yet in early 2015, the two bitter rivals announced their decision to merge. It made little sense. They couldn’t possibly have buried the hatchet that soon. Cases like Didi-Kuaidi are becoming common in China’s internet industry, spanning areas like online travel, group buying and classified advertisement websites. Why is China’s online sector witnessing a series of frenzied mergers, acquisitions and partnerships between sworn rivals?

Filed Under: All Articles, Entrepreneurship, Know China, Mergers and Acquisitions Tagged With: Alibaba, Baidu, Ctrip, Dianping.com, Didi Dache, Meituan, Mergers and Acquisitions, O2O, Qunar, Tencent

Ctrip Goes on a Round the World Trip

July 29, 2015 By Nicole Sy

Leading Chinese online travel company Ctrip now faces the dual challenges of overseas expansion and stronger competitors

Filed Under: All Articles, Best Practice, Consumers, Know China, Tourism Tagged With: Chinese Consumers, Competition, Ctrip, Online Shopping, Outbound Market, Qunar, Slider, Tourism

Those Before Alibaba: The IPOs of Chinese Technology Companies

September 19, 2014 By Neelima Mahajan and Major Tian

A look at other significant Chinese technology companies that went public before Alibaba.

Filed Under: All Articles, Digital Economy, Finance, Infographics, Stock Exchange, Technology Tagged With: 58.com, Alibaba, Alibaba IPO, Amazon, Baidu, Cheetah Mobile, Dangdang, JD.com, Qihoo 360, Qunar, Renren, Sina, Tencent, Tudou, Weibo, Youku

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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