Clubbing together聚集在一起.pptVIP

中国互联网企业抱团取暖 ————The economist 2015.10.10 Chinese Internet firmsClubbing together The merger(合并指两个公司的) of Meituan and Dianping could herald(传达,通报,预告,预示……的到来,欢呼) a bigger consolidation(巩固,联合). 美团与大众点评的联姻或将掀起更大规模的合并浪潮。 Group buying(团购)－in which discounts are offered on goods and services once a certain number of consumers have signed up(跟……签订合同)－may be falling out of fashion in many countries , with even America’s pioneer , Groupon(高朋，某团购网站) , slashing over(削减) 1000 jobs last month , but it is still doing well in China. Even more striking is news this week of a merger between the two biggest Chinese firms in the business , which may herald a broader consolidation in China’s internet sector. bargain hunters 投机商人，买便宜货的人 rang up 77 billion yuan 销售额达770亿人民币 Groupon has flopped(彻底失败) in China ,just as many other Western internet firms have done . This has left the field clear for local businesses . On October 8th two Chinese companies which between them have about four－fifths of the local group－buying market said that they would combine :Meituan, with about half of the market , will join forces with(会师，联合) Dianping, which has about 30%.The combined business will be worth perhaps $15 billion. It will quash(平息，镇压) competition on one front of a costly proxy(代表权，代理人，代替物，委托书) war now being fought by China’s big three internet firms－Alibaba,Baidu and Tencent. 中国的互联网三巨头——阿里巴巴、百度和腾讯正陷入一场耗资巨大的互联网战争中，而美团、大众点评的合并将平息其中一条战线的战火。 Alibaba has a stake(股份，重大利益在公司，计划等中的)in(与……利害相关) Meituan, while Tencent backs Dianping. The merged entity(实体，本质) would dwarf(使受阻碍，使相形见绌) Nuomi, which has a mere 14% share of China’s group－buying industry . It is fully owned by Baidu, which said in June that it would invest $3.2 billion over the next three years in this sort of ecommerce(电子商务) business. The deal marks an escalation(扩大，增大) in what seems to be an effort by Alibaba and Tencent to squeeze out(挤出，排挤) Baidu and turn the Chinese internet’s big three into a big two. Th