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RSS FeedsAlibaba merges food delivery units Ele.me and Koubei amid price war with Meituan in China´s ...
(WorldNews China)

 
 

12 october 2018 08:49:29

 
Alibaba merges food delivery units Ele.me and Koubei amid price war with Meituan in China´s ...
(WorldNews China)
 


Chinese e-commerce giant Alibaba Group will merge its food delivery service Ele.me with food and lifestyle unit Koubei amid intensifying competition with rival Meituan-Dianping. Alibaba will establish a “local service company” comprising Ele.me and Koubei, the Hangzhou-based company announced on Friday. The two units currently operate in a total of 676 cities with 3.5 million merchants signed up. “The goal of the local service company is not only for the food market, but to......


 
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