HONG KONG (Reuters) - Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of ...
As part of a “strategic upgrade” and to broaden its “consumer experience,” Alibaba (NYSE:BABA) will combine its online travel agency and food delivery platform into an e-commerce group to capitalize ...
Chinese ecommerce giant Alibaba said it will acquire all outstanding shares in Shanghai-based Ele.me, the leading online delivery food delivery platform in China. Alibaba and its affiliate Ant ...
GUANGZHOU, GUANGDONG, CHINA, January 20, 2026 /EINPresswire.com/ -- The global food and beverage industry is undergoing ...
HONG KONG (Reuters) - Alibaba Group (BABA.N) plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance ...
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