A Study On The Selection Of Payment With Mobike Merged By MeiTuanDianPing

In the sixth wave of mergers and acquisitions after the five waves since the 19 th century,Internet enterprises have gradually become a force that cannot be ignored in the wave.China’s Internet economy has also been greatly affected.During this period,many small Internet companies were in poor condition,on the verge of bankruptcy,and sought to be sold one after another.Therefore,mergers and acquisitions among Internet enterprises occurred frequently.Since 2003,with the improvement of the global Internet industry,China’s Internet industry has gradually recovered.With the rapid development of online advertising and e-commerce,many Internet enterprises have sufficient funds to meet their performance needs through acquisition after completing the listing and financing.Until 2012,as the Internet industry began to enter the mobile Internet era,a new pattern of Internet companies to users,traffic,population,data,techniques,such as competition,to a new stage,the Internet industry and therefore emerged a new continuous climax of mergers and acquisitions and emerged a lot of unicorns.This paper takes the payment method of Meituan’s two major strategic mergers and acquisitions as the research object,and summarizes the characteristics of Meituan’s flexible use of financial instruments such as preferred shares and options as payment means in the two major strategic mergers and acquisitions and restructurings.By studying the selection and evaluation of the payment method of Meituan,this paper hopes to provide reference for similar Internet unicorn companies in China to choose better payment method of merger and acquisition in practice.Firstly,this paper explains the payment method of enterprise merger and acquisition,the valuation of Internet companies and the relevant theories of preferred stock.Then the two mergers and acquisitions of Meituan are briefly introduced.Secondly,it analyzes the advantages and disadvantages of the payment method selected by Meituan through the analysis and comparison of the influencing factors of the payment method of merger and acquisition.Thirdly,it analyzes and evaluates the payment method on the purpose and income of merger and acquisition.Finally,it is the conclusion of this case and the enlightenment of the deficiency.