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Cathy Chan

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Hong Kong
As seen in: Bloomberg News, MSN, UOL, Bloomberg Businessweek, Bloomberg Markets Magazine, MSN India, MSN Philippines, The Economic Times, The Washington Post, TIME, Yahoo News and
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Articles

Alibaba Bids $1.5 Billion for China Grocer in Meituan Fight (1)

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By Cathy Chan Verified
| Bloomberg Tax Verified
is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan. China’s largest consumer internet platform’s proposed price is more than double an earlier bid from , according to people familiar with the matter.
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Alibaba bids $1.5 billion for China grocer in Meituan fight

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By Cathy Chan Verified
| MSN Verified
; ; ; Continue reading More for You ; ; ; ; Continue reading More for You
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Alibaba Bids $1.5 Billion for China Grocer in Meituan Fight

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By Cathy Chan Verified
| Yahoo Finance Verified
(Bloomberg) -- Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan.
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