Pour cold water bleeding through mergers and acquisitions Jingdong Tencent forced PO

until now it is difficult to believe that the Tencent and the Jingdong are really together, but the details of the transaction and the transfer of the advance raise a Babel of criticism of slightly different.

March 10th morning news, Tencent (00700.HK) announced that the Jingdong will acquire 15% of the shares before the listing, the Tencent will pay $214 million in addition, the B2C online shopping platform QQ and C2C platform pat Network incorporated Jingdong. At the same time, Jingdong will acquire the Tencent B2C platform QQ online shopping and C2C platform pat Network of 100% equity, logistics personnel and assets, as well as a minority stake in easy fast network and the right to buy the remaining shares of easy fast network.

which is worth pondering, Tencent in the relevant provisions of a clear commitment to the completion of the transaction, will no longer be involved in the field of electricity providers. This means that Tencent bid farewell to this huge Internet retail market, which will produce a chain reaction or will lead to a comprehensive change in the market structure.

many people are optimistic about the marriage of the two sides, but it is not exciting, it is best to calm down a little. For Jingdong, this can open its market space limit is also in between the two problems. Internet analyst Liu Ren believes that Jingdong accept Tencent such a low bid, indicating that the roadshow is not successful, the need to support the concept of Tencent IPO price. The industry generally believe that, in the above transactions, Jingdong for Tencent’s desire, far greater than Tencent – on the transaction process, there is no doubt that Jingdong is the biggest loser.

analysts believe that this transaction, look from the surface, the Jingdong is obtained by "money + market", but in fact the Tencent of the amount of $215 million is not much, and the QQ online shopping and pat Network is recognized as the chicken ribs, whether from traffic or the back-end supply chain perspective, there are too much value moreover, the Jingdong also need to integrate them, the actual effect is not necessarily the imagination of so good.

but even so, Mao Jingdong still choose comprehensive offer "Tencent failed business"? The direct reason is very simple, is a Tencent for the concept of coat for yourself, more focused view is said, its main purpose is to enable the IPO to get more market concept, resulting in investor interest.

previously, the media reported the Jingdong premarketing experience the ice, investors worried about its earnings outlook for little interest. This news has been more than Wall Street investment bank confirmed that the ongoing work of the IPO Jingdong mall roadshow hit the ice, more than a small range and investors will meet no effect. A small Jingdong involved in the roadshow investment bank in business of mail, the Jingdong refinancing work performance using the word "tepid" to describe, also known as "bland".


is listed before the Tencent to pull occupation concept of Jingdong more imaginative, but in the long run, investors do not believe that the concept of the Jingdong IPO help, "investors do not believe that Jingdong.

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