Alibaba $BABA seeking to buy out Baidu and other investors in Chinese startup Ele.me to shore up its delivery network. Bloomberg's Lulu Chen reports on "Bloomberg Technology" (Feb 26, 2018).
Alibaba to buy out Baidu and other investors in China’s top food takeout app https://t.co/hjVRBcVGdn pic.twitter.com/lMWoBRdkBc— Bloomberg Markets (@markets) February 26, 2018
Alibaba is Buying https://t.co/21To7ygnIr to Challenge Tencent https://t.co/soMuwGByxa pic.twitter.com/aiUptpoZhP— ASOII (@ASOIideas) March 3, 2018
#Alibaba Salivates At https://t.co/6LHGkb0qaZ In 'New Retail' Vision https://t.co/ib7YK04iWR #retail— Pradyumna (@prady_kulkarni) March 3, 2018
With Alibaba planning to buy https://t.co/1DT8zf9D3t, Baidu seen bowling out of food delivery to focus on AI https://t.co/94adQLKSHd #InternetBusiness pic.twitter.com/rQDRjoBYbn— Internet Marketing (@Ads_Target) February 27, 2018
Alibaba in talks to swallow China food delivery app https://t.co/kV3ySgfjAP https://t.co/VavwpWrg1h— FT China (@ftchina) February 27, 2018
Alibaba Rumored To Buy Food Delivery Firm https://t.co/muNnIKeIYS For $9.5B - https://t.co/uAmIzxvOrN #China #investment pic.twitter.com/fqesxUndO2— ChinaMoneyNetwork (@chinamoneypod) February 27, 2018