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April 18, 2016 07:41 am GMT
Southeast Asia wasn’t the only new market that Alibaba jumped into with a billion dollar deal last week. Beyond a deal with Rocket Internet’s Lazada, the e-commerce giant also confirmed a $1.25 billion investment in Ele.me, a leading food delivery startup in China. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4PPPxzBvAwI/
Alibaba confirms $1.25B investment in food delivery service Ele.me
Southeast Asia wasn’t the only new market that Alibaba jumped into with a billion dollar deal last week. Beyond a deal with Rocket Internet’s Lazada, the e-commerce giant also confirmed a $1.25 billion investment in Ele.me, a leading food delivery startup in China. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/4PPPxzBvAwI/
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