Alibaba acquisition values meal-deliverer Ele.me at $9.5 bn - Phys.Org

Alibaba acquisition values meal-deliverer Ele.me at $9.5 bn - Phys.Org

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.meReuters
Alibaba is pouring billions into the food delivery businessCNNMoney
Alibaba is acquiring Ele.me in a deal that values the food delivery startup at $9.5 BYourStory.com
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