Andrew Teoh: More Mergers In 2016 To Create Industry Number Twos
Andrew Teoh, founding partner of Ameba Capital, tells China Money Podcast host Nina Xiang that there will be more mergers among Chinese technology companies in 2016, which will create clear industry number twos. In particular, the O2O (online-to-offline) sector will see more mergers as the availability of capital decreases.
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