Tuesday, 7 August 2018

Exclusive: Alibaba merging China food delivery units to counter Tencent-backed Meituan - sources

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Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China's booming on-demand services market, four people told Reuters.


from Reuters: Top News https://ift.tt/2KuZd5u
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