Chinese e-commerce giant Alibaba Group Holding Limited said today it is merging its food delivery unit Ele.me and in-store consumption, to compete with Meituan Dianping for dominance in China’s growing on-demand services market. Alibaba will set up a “local services company” combining Ele.me and Koubei, said the company in an internal letter to staff. According […]
Alibaba Merges Ele.me And Koubei To Compete With Meituan appeared first on China Money Network.