Two years ago, Neil Shen, head of Sequoia China, attempted to broker a marriage between two of the internet companies in which he was invested — Meituan.com
and Dianping Holdings. His efforts came as both were burning through cash as they spent heavily to gain customers and market share in businesses which partially overlapped. At that time, Mr Shen did not succeed.
This month, however, the war between the two groups, which are both in the business of delivering food and offering discounts at restaurants among other things, was called off and Meituan and Dianping agreed to combine.
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