Reuters |
Alibaba to buy remaining shares in food delivery app Ele.me
Reuters (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said on Monday it would buy the remaining shares of Ele.me, a major platform in China's food delivery market, as it competes with Tencent Holdings Ltd services for offline consumers ... Alibaba is pouring billions into the food delivery business Alibaba Group Holding Ltd Stock Is Ready to Hit New Highs Alibaba to fully buy out food-delivery startup Ele.me |
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