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China's biggest e-commerce company, Alibaba, spends billions on online food delivery service
6 On Your Side Alibaba is spending billions of dollars to take control of one of China's biggest online food delivery services. China's biggest e-commerce company said Monday that it will buy all the outstanding shares it doesn't already hold in Ele.me, a startup ... Alibaba acquires food delivery platform Ele.me as it ramps up new retail strategy Alibaba to buy remaining shares in food delivery app Ele.me Alibaba is pouring billions into the food delivery business |

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