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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: He Ma

The delivery bike of the food delivery app Ele.me in China. Photo: Wikimedia Commons
Posted inChina

Alibaba to buy major food delivery app Ele.me

by Asia Times staff February 27, 2018February 18, 2020

Rumors circulating that Alibaba was planning the acquisition of Ele.me, one of the major online food delivery platforms in China, has been confirmed by an insider close to the deal, Yicai.com reported. Alibaba will buy the company as a whole, while the final purchase price is still in discussion. The current valuation of the platform is […]

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