Alibaba acquires Ele.me for $ 9.5 billion

Alibaba acquires Ele.me for $ 9.5 billion
Alibaba acquires Ele.me for $ 9.5 billion

Alibaba Group announced that it has fully acquired Ele.me, after owning about 43% of the company's shares.

According to the report, the company paid about $ 9.5 billion to get the rest of the shares at Ele.me, which is the largest provider of food delivery services in China.

The move comes from the commercial empire as a continuation of its new strategy to impose its services more widely on the Internet and outside the Internet, making the company able to understand the needs of the user by dealing directly with the delivery services, thus improving the quality of services provided.

Alibaba Group offers a wide range of services through its various stores, as well as its websites AliExpress and Alibaba, such as Tmall and Taobao.

It is noteworthy that many companies started to follow the strategy of the company, foremost among them the first competitor in a number of areas Tencent.

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