Even with the rapid merger, the travel battle is not over yet.

In the early February, the sky floated 5 words, the drop is easy to merge, the valuation will reach 8 billion U.S. dollars. Now that the sky is full of fast-fitting rumors, valuations will reach 6 billion of dollars, perhaps called "Quick drop"? "Drip"? or "tick"?

A few days ago, the Wall Street Journal said that the two big players in the taxi software were talking about the merger, which ended the protracted burning of money.

The report said the form of the merger has not yet been determined, but Alibaba and Tencent are expected to hold the same number of shares in the merged company; if the extra capital is not considered, the latest round of financing is based on a quick taxi and a drop of taxi, which could be valued at around $6 billion trillion. Unless the talks break down, the deal will be announced in the next few days, the person said.

Tencent Finance said that, after the merger, drop-by-taxi and quick taxi share ratio of 52% and 48%, two software will also provide micro-letter payment and Alipay two payment channels. The new company management will be the drop-by-taxi team, Cheng Wei as the CEO of the new company, most of the fast executive team will be set off the field. Other media said that the drop and fast after the merger of the proportion of equity allocation is 55% and 45%.

Sina Technology has exposed the investment bank's comments, said "drip and rapid merger pressure is mainly from the capital level, two companies to promote the matter investors, the future two companies should be a full swap to merge." Tencent and Alibaba, which appear to be the most unlikely to reconcile, are actually the first shareholders to support the merger. "In addition, the capital is very optimistic about the development momentum of two, there will be no management set off the field."

If the merger is true, the new company will form an absolute monopoly in the taxi market and the rules of the industry will be redefined. In addition to Ali, Tencent, such as the deep pockets of the Giants, other investors can be a bit tired of the burning money in the war to catch a breath, get some real financial returns. Sources say the merger is mainly driven by "other" investors.

As PayPal founder Peter Thiel said,

"The only way to liberate companies from the same market competition as hand-to-hand combat is to monopolize them." ”

In the months leading up to the dotcom bust in 1999, Peter Theil with Confinity's entire staff across two blocks and Iron Man Elon Musk founder of the x.com negotiations, the two sides quickly agreed, the merger of PayPal soon got financing, fortunately spent after the capital of winter.

For the investors behind a drop-by-taxi and a quick taxi, a rapid merger will not only help gain a monopoly on business, reduce protracted subsidies, and quickly get cash flow, given the early signs of a market victory. Also let two can devote the energy to the new growth point--the limousine service.

As a future trip to the entrance and exit, drip and fast future is a billion-dollar track. Uber has grown to be America's highest-valued (40 billion-dollar) start-up, and its grand blueprint for driverless cars has drawn a big enough pie for the capital markets. Under such threats, the need for capital inflows is clearly a more sensible option than a combination of mutual consumption.

and two mergers can at least improve bargaining power for private car owners and car-rental companies. As the Ministry of Communications January 8 that the private car to prohibit the operation of vehicles, drip and fast is also seeking outside the private car sources, leasing vehicles and licensing resources leasing companies will be the preferred channel.

On the other hand, although the company will be in the taxi this standard, homogeneous competition market to form a monopoly, this is the current market on the merger rumors the biggest concern. The driver's subsidy is not no longer available, the user's red envelopes are not anymore?

However, the need for travel problems is very diverse, taxi is only one of the solutions. (For more details, see the "Fingertips of travel:" After the taxi era, intelligent travel services can also how to play? "And in the commercial car market, fast in July last year launched the" One Train "and" drop car "compared to the pioneers of the market" easy to use cars ", business car service originator Uber, even if the two merged, may not be able to grasp the absolute competitive advantage.

The merger of the video industry may bring some inspiration. March 12, 2012, Tudou is facing operating pressure, Youku and potatoes merged in a 100%-share way. The merger also sparked a monopoly concern. But 2012 years later, the video industry ushered in a series of home-made dramas and copyright two wars. Youku and potatoes before the merger of the market share of 21.8% and 13.7%, can be said to be the leader of the video industry. But now, we look at the status of Youku potatoes, the third quarter of last year has fallen to 22.82%, such as Archie, Tencent Video and other later in the content of the layout of the frequent shots.

As early as last August, easy to use the car on hand Baidu launched a business car rental services-"Baidu limousine." Baidu and Uber have come together at the end of last year, and both sides have formally reached strategic cooperation and investment agreements. Uber, which opened the API to third-party apps last August. In yesterday's Baidu four quarterly earnings call, Li said Baidu map and Uber integration is about to be completed.

In addition, easy to use car and Haier industry finance set up a joint venture car leasing company "Sea easy to travel", 3 years after the plan will reach 8 billion assets scale. Shenzhou Car Rental Also at the end of January this year launched its own limousine service "Ucar Shenzhou train."