Alibaba moves to gobble up China-based food delivery startup Ele.me in full

 Alibaba’s 2018 funding spree seems to be set to proceed after it made a push to purchase Ele.me, the meals supply startup from China that it has invested in, in full. Bloomberg reported yesterday that Alibaba plans to buy the roughly-60 % of Ele.me that it at present doesn’t personal from the opposite buyers, which embrace search large Baidu. TechCrunch has confirmed that with… Read More

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