Alibaba confirms $1.25B investment in food delivery service Ele.me
April 18, 2016 at 03:41 AM EDT
Southeast Asia wasn’t the only new market that Alibaba jumped into with a billion dollar deal last week. Beyond a deal with Rocket Internet’s Lazada, the e-commerce giant also confirmed a $1.25 billion investment in Ele.me, a leading food delivery startup in China. Read More
