B. Financial risks Financial risk,

B.财务风险<br>财务风险，主要是指企业在并购过程中，由于并购定价，融资，支付和后续整合等决策而引起的，导致公司偿付能力丧失的能力导致投资者预期收益下降，引发企业发生金融危机的可能性。财务风险是企业在财务管理过程中必须面对的现实问题，特别是在企业的并购活动中，财务风险是客观存在的并且是连续的。管理者只能采取有效措施降低风险，而不能完全消除风险。[1]与其他行业类似，互联网行业伴随着互联网行业的并购和金融风险，企业合并主要来自股权，债务转换。因此，互联网并购的财务风险可分为狭义财务风险和广义财务风险。

B. Financial risks <br>Financial risk, mainly refers to the enterprise in the process of mergers and acquisitions, due to mergers and acquisitions pricing, financing, payment and follow-up integration caused by the decision-making, resulting in loss of solvency of the company's ability to lead to investors expected earnings decline, triggering enterprise financial crisis possibility. Financial risk is a real problem that enterprises must face in the process of financial management, especially in the M & A activities of enterprises, financial risk exists objectively and is continuous. The managers only can take effective measures to reduce risk, but cannot completely eliminate the risk. [1] Similar to other industries, the internet industry is along with the Internet industry mergers and acquisitions from the financial risks, mainly from the merger of enterprises in equity, debt conversion. Therefore, the financial risk of Internet M & A canbe divided into narrow financial risk and broad financial risk.

B、 财务风险<br>财务风险，主要是指企业在并购过程中，由于并购定价、融资、支付和后续整合所引起的决策，导致公司偿付能力丧失，导致投资者预期收益下降，引发企业财务危机的可能性。财务风险是企业在财务管理过程中必须面对的一个现实问题，特别是在企业并购活动中，财务风险客观存在并持续存在。管理者只能采取有效措施降低风险，而不能完全消除风险。[1] 与其他行业类似，互联网行业也是伴随着互联网行业并购而产生的财务风险，主要来自企业合并中的股权、债务转换。因此，网络并购的财务风险可以分为狭义财务风险和广义财务风险。<br>