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Has Alibaba Lost Its Appetite for an Ele.me Sale? - Caixin Global

Retrieved on: 2024-04-16 21:16:39

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Has Alibaba Lost Its Appetite for an Ele.me Sale? - Caixin Global. View article details on HISWAI: https://www.caixinglobal.com/2024-04-17/has-alibaba-lost-its-appetite-for-an-eleme-sale-102186975.html

Summary

Alibaba Group is considering selling its food delivery platform Ele.me, with TikTok's parent company Bytedance as a potential buyer, signaling a strategic shift in Alibaba's business focus and Bytedance's expansion.

Article found on: www.caixinglobal.com

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