Meituan-Dianping merger to form 020 powerhouse

Scorching competition in the online-to-offline sector motivated the former rivals to agree to the merger, creating a Chinese O2O heavyweight capable of taking on Baidu's Nuomi.

Two large Chinese tech startups Meituan and Dianping have agreed to a merger, forming the country’s largest online-to-offline (O2O) platform and presenting a formidable obstacle for would-be competitors in the hotly contested sector, according to two sources familiar with the matter.

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