News Desk — April 2, 2018 at 11:13 am — Updated: April 2, 2018 at 11:13 am

Alibaba to buy remaining shares in food delivery app Ele.me

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(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Monday it would buy the remaining shares of Ele.me, a major platform in China’s food delivery market, as it competes with Tencent Holdings Ltd services for offline consumers.

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