Market leader Didi Chuxing confirmed to acquire Uber China in a statement on Monday.
The ball looks to be rolling for 2016 with the likely merger of two of China’s leading fashion e-commerce platforms.
China’s leading travel site’s former CEO Zhuang Chenchao wrote a letter to explain why the whole administration of the company have all left after acquisition initiated by its rival Ctrip last October.
OnePlus, a rising Chinese smartphone maker, is featured in a rumor that suggests it will be merged back into its parent company OPPO.
Facing fierce competition from other online ticket selling sites, Shanghai based Gewara has merged with the parent company behind WeChat’s movie ticket sales outlet.
Consolidation in the Chinese travel industry sees two of China’s largest travel platforms combine leaving little room for lesser players to compete.