Meituan, a group buying service backed by Alibaba,said Thursday that it would join forces with Dianping,a consumer review website backed by Tencent,hoping to create an e-commerce juggernaut.

本周四，阿里巴巴投资的团购服务美团网宣布，它将与腾讯投资的消费者点评服务大众点评网合并，希望能携手打造一个电子商务巨头。

The two companies said in a news release that theywould set up a new company that would helpbusinesses sell goods and services online in China.They did not provide further details on how the newcompany would work. They said both Dianping and Meituan would keep their brands andmanagement structures and operate independently.

这两家公司在资讯稿中表示，他们将成立一家新公司，帮助企业在中国境内在线销售多种商品和服务。他们没有提供新公司运营的更多细节，但表示大众点评和美团两个品牌和现有业务将继续保持独立运营。

"We both recognize the enormous potential of China's O2O industry, and therefore thisstrategic cooperation was a shared and almost inevitable decision," Zhang Tao, the chiefexecutive of Dianping, said in the release, referring to online-to-offline transactions.

"帮助1000万商家服务好10亿消费者，是两个团队共同的追求，合作是大势所趋，是两个团队的共同选择，"大众点评网首席执行官张涛在宣布消息时表示。

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