Sections
Ele.me
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3.0KInvestmentsAlibaba’s New On-Demand Online Services Unit Raised $4B
Alibaba, the Chinese eCommerce giant, is having success with its newly-created on-demand online services unit — it raised $4 billion in funding,...
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3.9KPartnerships / AcquisitionsEle.me, Koubei Merge; Get $3B From Alibaba, SoftBank
Alibaba and SoftBank have invested $3 billion into Ele.me, the food delivery company that is owned by Alibaba. According to a report...
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5.3KDeliveryStarbucks-Alibaba Deal Does Coffee Runs In Reverse
Talk about interesting delivery mashups: Starbucks and Alibaba partner to enable the delivery of Starbucks products to Chinese consumers as part of...
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6.9KInvestmentsAlibaba Food Delivery Service Seeks $2B For Expansion
Ele.me, the food delivery platform acquired by Alibaba Group, is looking for $2 billion in new financing to help it take on...
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3.8KDeliveryEle.me Cleared To Use Food Delivery Drones In China
As China’s local-delivery market grows at a rapid pace, with more people turning to their smartphones to order food, Ele.me has been...
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5.6KRetailAlibaba Buys Food Delivery Startup Ele.me For $9.5B
Alibaba is in the process of acquiring food-delivery startup Ele.me for $9.5 billion. According to Fortune, the deal is part of Alibaba’s...
- 6.3KPartnerships / Acquisitions
Alibaba Is Hungry For Food Delivery Service Ele.me
In a possible deal to strengthen its delivery network in China, Alibaba reported plans to buy out Baidu and other investors in...
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4.1KMobile PaymentsAlibaba Tracker: Alibaba Vs. Tencent
In a saturated eCommerce market, Chinese eCommerce giant Alibaba and its biggest competitor, Tencent Holdings Limited, have their eyes on diversification, and...
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4.6KeCommerceAlibaba To Lead $1B Investment in Ele.me
Alibaba, China’s largest eCommerce company, and Ant Financial, its financial services arm, are gearing up to invest $1 billion or more in...
- News
O2O Plays In Asia
With O2O commerce on the rise in Asia, you can bet that Alibaba’s making moves in the space. The eCommerce giant’s fingerprints...
