i Dark Horse News November 10th，Dianping founder Zhang Tao issued an internal letter today，I will no longer serve as co-CEO of the new 188bet Live Casino from now on，Transferred to chairman of the 188bet Live Casino，Wang Xing will serve as CEO of the new 188bet Live Casino。

The following is the full text of i Dark Horse’s internal letter from 188bet Live Casino:

Dear DPers,

The most common saying among us Internet people is to embrace change。In the past 12 years，Facing changes，Our DPers have proven their courage and wisdom with practical actions。Today，There is another 188bet Live Casino change，Need to communicate with everyone。

From today，I will no longer serve as co-CEO of the new 188bet Live Casino，Transferred to chairman of the 188bet Live Casino，From the front line of management，Shift to long-term strategic planning。Wang Xing will serve as the CEO of the new 188bet Live Casino，No longer serves as co-chairman。As the chairman of the new 188bet Live Casino，I will continue to play an active role in the strategic direction of the 188bet Live Casino。

12 years of founding and leading Dianping，The most valuable experience in my life。I am with you all，From scratch，From childhood to adulthood，Hard work，Achievements we are all proud of today，188bet Live Casino gained consumers、Multiple word-of-mouth from merchants and industries。We have 188bet Live Casino explored and practiced many concepts and cultures that we now believe in together:

1, help merchants serve consumers well.Businesses and consumers are our users，Only insist on creating value for both，Only in 188bet Live Casino way can we create an everlasting local life platform。Any of our products and business models，They all insist on achieving a win-win situation for the platform, consumers and merchants，Because only in 188bet Live Casino way can it last forever。The industry has developed to 188bet Live Casino day，We need to work closely with merchants，Helping them develop healthily，Work with them to complete a deep closed-loop service and marketing，Because only in 188bet Live Casino way can we truly serve our consumers，Make them satisfied、Create value for them；

2, ecological win-win.O2O is an extremely huge field，No one can eat it all，Conquer the entire industry by yourself。To give up is to gain，The more you can give up，The more you can get。combine vertically and horizontally，Peace is the most precious thing。To help more partners succeed，Building a real large ecosystem in the field of life services，In 188bet Live Casino way, we can best benefit the industry、Benefiting society，Only in 188bet Live Casino way can we achieve the greatest achievements；

3, insist on innovation.The integration of the Internet and the life service industry has just begun，The industry is still undergoing huge changes。Only if you have a deep understanding of industry trends、Continuously innovate，Only can we bring lasting value to our industry，Let us continue to stay ahead in the fierce competition。Dianping is born out of innovation，Walk in front of the world，188bet Live Casino is our corporate DNA that we are proud of。I will always review our reviews、Member Card、Electronic coupon、Online booking、Performance Advertising Platform、Flash discount、Proud of a series of innovative products and models that change consumer habits and merchant operations management, including menu selection；

4, Integrity and honesty.12 years，We have never deleted a true and objective review due to any pressure，I am proud of 188bet Live Casino，188bet Live Casino is also the best representative and epitome of Dianping culture。Do things magnanimously，Treat others sincerely，Whether it is facing our customers、Consumer、Partner or internal colleague，These are the best ways to win trust and reputation，Also the best way to achieve long-term success；

5, people-oriented.We respect every one of our employees，Regard every DPer as the 188bet Live Casino’s most valuable asset。I believe in reason、Target、data、efficiency，With sensibility、Warmth、Happy、Human touch，Not an irreconcilable contradiction，It is the combination that a team must have to achieve long-term achievements。The moment of toasting at the annual meeting，A photo with you who came from afar，A figure competing for the ball at a sports event，A chance encounter and chat on the terrace during work break，They are all subtly deepening the relationship between us，I believe I will think of it over and over again in the days to come，Feel his temperature over and over again。

The new company stands at a historic new starting point，The future is full of opportunities，Also full of challenges。At 188bet Live Casino moment，My special hope for everyone，Looking to the new management team，Can inherit and carry forward these cultures and concepts。I hope everyone can stick to their ideals，Don’t forget your original intention，Continue to struggle，Realize our goal of “helping 10 million merchants” as soon as possible，Vision and mission of “serving one billion consumers”！I also wish you all continued growth and gains，Health and happiness！

I 188bet Live Casino love you forever,

188bet Live Casino

[Report Review]

October 8，Local life service platform Meituan and Dazhongdian jointly issued a statement，Announcement of merger。Zhang Tao mentioned several principles of cooperation in the internal email that day: First, Zhang Tao and Wang Xing will serve as co-chairmen and co-CEOs，Co-lead 188bet Live Casino new company。Second, Dianping and Meituan will continue to operate independently。The third is to ensure team stability，Protect employees’ interests。However, the joint approach failed to be maintained in the end。

"Matchmaker" 188bet Live Casino

After the merger of Dianping and Meituan，The founders of both parties rarely speak out。However, the two people’s collective appearance appeared on October 17 188bet Live Casino year，Zhang Tao, founder of Dianping and Wang Xing, founder of Meituan，Attend Sequoia China’s 10th anniversary celebration together。Both gave speeches at the event。

Zhang Tao talked more about his entrepreneurial experience，He said, “In recent years, I have deeply realized that，Be able to find the right person，Often the key to success or failure，If 188bet Live Casino person is not suitable for the development of your business，Replace in time。Outsiders may see various problems in a company，But in the end it may be a problem of a few people in the company。”Zhang Tao also mentioned the development issues of the new company in his speech，"The next new company is born，Having shouldered a lot of expectations from everyone，The next few months are very important，We hope to do things well for people，I hope that everyone here and Sequoia can give greater support to New American University。”188bet Live Casino is the first time Meituan and Dianping have officially used the name “New Meituan”。

Meituan founder Wang Xingze talks more about his relationship with Sequoia Capital，also recalled the process of the merger between the two parties in his speech，"In addition to contacting Nanpeng，I have also had contact with many people in Sequoia，For example, Pu Xiaoyan，And Liu Xing，Including Cao Yi, who was previously at Sequoia and is now supported by Sequoia to found Source Code Capital，Also includes Zheng Qingsheng, who previously joined Sequoia from another fund。In 188bet Live Casino process，Sequoia not only gave us financial help，Also gave a lot of advice on business，Some other small entrepreneurial teams including Sequoia did not go so smoothly，But it is also a very enthusiastic suggestion when integrating with Meituan will create a greater synergy，So we also provided reasonable solutions to several small companies during the whole process。”

Sequoia Capital serves as an important shareholder of both parties,Played a central role in promoting the merger of Meituan and Dianping。Wang Xing mentioned at Sequoia Capital’s 10th anniversary event，“We are together with Dianping，Sequoia is the most important investor on both sides，Played a key role。”The result 188bet Live Casino matchmaking is also dominated by one party。

In addition to the marriage between Meituan and Dianping，Sequoia Capital has previously matched Vipshop and LeFeng.com,From confrontation to merger，Finally successfully listed in the United States。After the merger of Meituan and Dianping，It is very likely to continue 188bet Live Casino practice，IPO by newly established company。After all, Meituan and Dianping’s financing has already passed the D round，Dianping has conducted six rounds of financing。188bet Live Casino merger is also to avoid burning money without a bottom line。One side is out、One party’s continued leadership of the company’s listing may be a result that has been discussed by multiple parties。

Unsustainable Co-188bet Live Casino

October 8，Meituan and Dianping announce merger，In the specific merged content，After the merger of Meituan and Dianping，Both Wang Xing and Zhang Tao remain in the company as co-CEOs，However, 188bet Live Casino was generally considered to be just a transitional means at the time。Now it seems，Zhang Tao was finally transitioned，Wang Xing leads the development of the new company。As for where Zhang Tao will go？Based on previous merger and acquisition exit cases，Wang Wei of Tudou chose to continue his business，

In previous mergers and acquisitions，The joint CEO system is not surprising，But one mountain cannot tolerate two tigers，Almost always ends with one founder quitting。Youku and Tudou merged，Finally Tudou founder Wang Wei quits；The merger of Didi and Kuaidi，Lv Chuanwei, the founder of Kuaidi, will soon exit；58.com merged with Ganji.com，Although Yang Haoyong did not reveal whether he will finally quit，His focus is obviously on Guazi used cars，Although 188bet Live Casino is also a 58 market investment，But it is an independent company。The above-mentioned mergers all adopt the joint CEO system，But they all fade out quietly，One party’s high-profile packaging style realizes the transition after the merger。

188bet Live Casino ending is not surprising，When investors are strongly advocating to avoid the 50-50 shareholding structure，Hard to believe，Which large company can be led by two people at the same time，Not to mention Wang Xing and Zhang Tao who have the desire to control。