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April 2, 2018 05:32 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jaYeuFWFHOQ/
Alibaba to buy all remaining outstanding shares of local delivery service Ele.me
As expected since February, Alibaba will buy all outstanding shares of Ele.me that it doesnt already own. Best-known for food deliveries, Ele.me claims to be Chinas biggest online delivery and local services platform. In an announcement, Alibaba said the deal values Ele.me at $9.5 billion. Alibaba, which first invested in Ele.me two years ago, and […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jaYeuFWFHOQ/
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