Phys.Org |
Alibaba acquisition values meal-deliverer Ele.me at $9.5 bn
Phys.Org The statement by Alibaba, an e-commerce leader through its hugely popular Taobao online shopping platform, implied that it would expand Ele.me's delivery business beyond mere meals. "Ele.me's fast local delivery service will build on its core expertise ... Alibaba to buy remaining shares in food delivery app Ele.me Alibaba is pouring billions into the food delivery business Alibaba is acquiring Ele.me in a deal that values the food delivery startup at $9.5 B |
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