Alibaba merging China food delivery units to counter Meituan

ReutersNews Published August 7, 2018 0 Plays

Rumble / Trending NewsAlibaba 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, sources told Reuters. Grace Lee reports.