Drip Express merge behind: Uber feel the pressure

February 15, drop a taxi and quick taxi these two "Big Mac" merger, shaking the international public opinion. February 14 is the eastern and Western weekend and Valentine's Day, but there are still overseas media coverage and analysis of the incident.

The Associated Press, Bloomberg and other authoritative foreign media have pointed out that two companies after the merger, will become the largest Chinese market taxi car rental software (or mobile travel service provider). China Mobile travel market is increasingly fierce, including Baidu and the world's most advantageous manufacturers Uber cooperation, one of the important objectives of the merger is also to enhance and Uber competitiveness, to prevent Uber expansion in China.

As is known to all, the Chinese internet has formed the "BAT" pattern of the kingdoms. And the drop-by-taxi supporters are Tencent, a quick taxi supporter is Alibaba Group. The merger of the two companies is also considered to be the initiative of Tencent and Alibaba's two competitors to "shake hands" for strategic interests.

The merger of Alibaba and Tencent in the area of mobile travel will help them cope with increasingly fierce market competition, Bloomberg said.

In China Mobile's travel field, drop-by-taxi and quick-taxi are two leading players, two companies have accumulated users through the subsidy war, crowding out competitors, while also pushing the Alipay wallet and micro-letter to pay two mobile wallet installed capacity and penetration.

Just two months before the merger, Baidu, China's largest search engine, announced it was one of its shareholders, Uber, a company that was based in the United States and expanding its global market, Bloomberg said.

China has more than 500 million mobile internet users, while Baidu, Alibaba and Tencent, the largest of China's three internet companies, are scrambling to launch Internet services to compete for consumers.

The AP also reported on the incident. "China's leading fast taxi and drop cabs announced the merger plan in Saturday, creating a new challenge for the Uber, which is expanding globally," the AP said at the start of the news. ”

The Associated Press points out that two mobile service providers, supported by Alibaba and Tencent, now occupy 99% of China's market share and are welcomed by many taxi drivers.

The Associated Press pointed out that Alibaba and Tencent in the field of mobile travel and mergers, no doubt to the Chinese market "closed the door", which for the United States Uber Company will form a huge obstacle.

Uber's rapid expansion in global mobile travel has sparked fears among some local internet giants. According to reports, Uber in China is also in a rapid layout, in addition to the big first-line major cities such as north, Uber's vision is also aimed at the two or three-tier cities, Uber has begun to recruit people in local cities in China. Morning)