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Deals | Alibaba Rumored to Fully Acquire Eleme, Upping Competition with Tencent-backed Meituan-Dianping (Updated)

Alibaba is rumored to pump in US$ 9.5 billion to fully acquire food delivery startup Ele.me.

2 mins read
  • After the “intensive investment + Internet business model” strategy hitting the retail industry, it extended to the coffee shop field.

    Insights

    Bringing Internet Business Model to the Coffee Industry, Will Luckin Coffee Threaten Starbucks?

    4 mins read