-158-www.ivypub.org/emjEconomicManagementJournalJune2023,Volume12Issue1,PP.158-164PerformanceEvaluationofInternetEnterprises'MergerandAcquisition——TakeAlibaba'sAcquisitionofEle.MeasanExampleShupingYeEastChinaJiaotongUniversity,Nanchang,Jiangxi,330013,China#Email:727024991@qq.comAbstractInrecentyears,withtherapidriseoftheInternetindustry,InternetM&Ahasbecomeahottopic.ManyInternetcompaniesobtainhigh-qualityresources,expandtheirenterprisesandimprovetheircompetitivenessthroughthisway,buttheresearchcontentontheperformanceevaluationofInternetM&Aisnotrich.Asoneoftheindustrygiants,Alibabacompletedthelargestmergerandacquisitiontransactioninthedomesticmarketin2018,andwhollyacquiredEle.mewithatransactionpriceof9.5billioncash,andbecamethelargestall-cashtransactioninthehistoryofChina'sInternetindustry.AsoneofthegiantsintheInternetindustry,Alibaba'smergerandacquisitionbehaviorandmergerandacquisitionmethodareofrepresentativesignificance.ThispaperanalyzesthemergerandacquisitionbehaviorfromfourdimensionsoftheBalancedScorecard,selectsthethree-yeardataofAlibabafrom2017to2020,andlistsmultipleindicatorsfromthedimensionsoffinance,customer,internaloperationandlearningandgrowthforanalysis.ThispapermakesacomprehensiveevaluationofitsM&Aperformance.Finally,itsummarizestheadvantagesofthismergerandacquisitioninordertoprovideinspirationandexperiencefortheInternetindustry.Keywords:InternetMergersandAcquisitions;BalancedScorecard;M&APerformance互联网企业并购绩效分析——以阿里巴巴并购饿了么为例叶舒平华东交通大学，江西南昌330013摘要：近年来，互联网并购随着互联网行业的迅速崛起成为热门话题，众多互联网企业通过这种方式获取优质资源、进行企业扩张、提升自身竞争力，但针对互联网行业并购绩效评价的研究内容并不丰富。作为行业巨头之一的阿里巴巴，在2018年完成了当年国内市场金额最大的并购交易，用95亿现金的交易价格全资并购了饿了么，并成为中国互联网行业史上规模最大的全现金交易。阿里巴巴作为互联网行业的巨头之一，其并购行为和并购方式具有代表性意义，本文通过平衡计分卡的四个维度为出发点进行分析该并购行为，选取阿里巴...
