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Alibaba Shores Up Food Delivery Network With Ele.me Takeover

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February 27, 2018

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Feb.26 -- Alibaba has reportedly agreed 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."

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Bloomberg's Lulu Chen

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Alibaba Shores Up Food Delivery Network With Ele.me Takeover · Bloomberg Technology · Sentinel