Research on the Performance of Continuous Mergers and Acquisitions of Enterprises from the Perspective of Platform Economy

Taking Meituan as an example

Authors

  • Fuyuan Guo
  • Xiang Zhu
  • Xinyi Cai

DOI:

https://doi.org/10.54097/qndp7w23

Keywords:

Corporate mergers and acquisitions, Meituan, Merger and acquisition motives, Performance research

Abstract

In recent years, the development of the Internet has become more and more intense, and the platform economy and platform enterprises relying on the Internet have gradually emerged and occupied the core position of the market. In the context of platform economy, continuous mergers and acquisitions by enterprises, as an important development strategy, have a profound impact on corporate performance. After considering Meituan's financial statements, it was found that Meituan has firmly established an important position in the market after three consecutive mergers and acquisitions. Therefore, this article mainly conducts performance research on continuous mergers and acquisitions of enterprises from the perspective of platform economy, and takes the three successful mergers and acquisitions of "Meituan" as an example. The first part of the article is the introduction. This article mainly discusses the research background, significance, research methods adopted, research ideas based on. The second part is the theoretical foundation and literature review.  Reviewed the research status of M&A motivations and the impact of M&A transactions on performance at home and abroad, analyzed relevant research literature at home and abroad, and introduced the concepts of mergers and acquisitions [1]. The third part is an introduction to Meituan's merger and acquisition cases. The fourth part is to conduct performance research on Meituan. Analyze Meituan's business performance through financial indicator method for statistical analysis.  The fifth part proposes relevant suggestions. The conclusions of this paper are as follows: Meituan's business performance after three successful mergers and acquisitions has basically reached the expectation of its M&A motivation, which is a case of Internet M&A that can be used for reference by platform enterprises [2].

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References

[1] Zhang Bangqi Performance Analysis of Enterprise Mergers and Acquisitions from the Perspective of Platform Economy [D] Guangdong University of Foreign Studies, 2022

[2] Li Qilan Research on M&A Motivation and Performance of Internet Enterprises [D] Sichuan Normal University, 2022

[3] Lu Yanhui Research on the Motivation and Risk of M&A of Internet Platform Enterprises [D] Tianjin University of Finance and Economics, 2017

[4] Jahidur R, Jiani W. M&A activity and ESG performance: evidence from China [J]. Managerial Finance, 2024, 50(1):179-197.

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Published

07-11-2024

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Section

Articles