China’s Internet Trio Wields $80 Billion Deal Firepower in 2016 – Bloomberg Business

China’s Internet Trio Wields $80 Billion Deal Firepower in 2016

China’s three biggest Internet companies could be set for another record year of deals as their cash piles swell, unprofitable startups sell out and consolidation sweeps the crowded industry.

http://www.bloomberg.com/news/articles/2015-12-11/alibaba-has-room-for-38-billion-of-deals-in-2016-bnp-says?mkt_tok=3RkMMJWWfF9wsRons6XJZKXonjHpfsX87%2B4rW7Hr08Yy0EZ5VunJEUWy2ocCSdQ%2FcOedCQkZHblFnVQNSq29Wq4NqaML