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Alibaba moves to gobble up China-based food delivery startup Ele.me in full
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Alibaba’s 2018 investment spree looks set to continue after it made a push to buy Ele.me, the food delivery startup from China that it has invested in, in full. Bloomberg reported yesterday that Alibaba plans to purchase the roughly-60 percent of Ele.me that it currently doesn’t own from the other investors, which include search giant Baidu. TechCrunch has confirmed that with…
Read Morehttps://techcrunch.com/2018/02/27/alibaba-ele-me-plate-up/?ncid=rss
6 years ago