Analysis of mergers and acquisitions in the same industry: Taking the acquisition of Best Express by J&T Express as an example

Abstract

With the development of the Internet in recent years, the express delivery industry is playing an increasingly important role in people's lives. In the case of increasingly fierce competition within the industry, the occurrence of mergers and acquisitions has become the norm. Today, people have a certain understanding and research on mergers and acquisitions in the same industry, but different companies still have their own unique features. This topic adopts case analysis and literature analysis, by studying the case of the acquisition of Best Express by J&T Express, and analyzes the motivation and economic consequences of its industry merger and acquisition. The study found that after the acquisition of Best Express, the market share of J&T Express was higher than the simple sum before the acquisition of the two, and even caught up with several express giants. This shows that the acquisition in the same industry can form a good synergy effect and achieve positive feedback. However, how to allocate more resources reasonably and how to manage enterprises after acquisition is still a huge challenge for enterprises.