In Ep. 25 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Alibaba’s recent moves to firm up its strategy around local services, putting pressure on Meituan-Dianping to defend itself.
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Alibaba Group announced today to merge the online food delivery service platform Ele.me and its local commerce platform Koubei into a new local life service company.
Trustdata released a new mobile Internet report on July 31, unveiling a 6-3-1 shape of the food delivery market in China where Meituan Waimai continues to lead with 60 percent of the market share, followed by Ele.me at 36 percent and Baidu Waimai at 3 percent.
In one month, Chinese Starbucks customers will no longer need to wait in line for their cup of coffee as the coffee giant forms new partnership with the Alibaba Group.
Ele.me, the leading food delivery platform in China, announced on Tuesday that the company will put drones to use for food delivery services in Shanghai and launch the first drone delivery routes in China at the same time.
On April 2, Alibaba Group joined hands with Ant Financial in conducting the buyout of Ele.me at $9.5 billion. The Vice President of Alibaba Group Wang Lei will serve as the CEO of Ele.me, and there will be no differentiation between the teams of the two companies.
Chinese e-commerce giant Alibaba is planning to take over food delivery platform Ele.me for $9.5 billion. While Alibaba and ele.me have both declined to comment on "market rumors", an Alibaba executive confirmed this news to the media without disclosing further details.
Meituan Dianping is recruiting for unmanned vehicle delivery and UAV delivery. When recruitment is complete, its unmanned delivery department is expected to reach nearly 200 people.
On October 16, Ele.me announced it would run food-delivery service on Alipay and Koubei, preceded by its consolidation of Baidu’s food delivery unit—Baidu Takeout. Meanwhile, food delivering is changed into “Ele.me Takeout” on the front-page of Alipay’s app, making Ele.me one of the 11 original applications on Alipay home page interface. A while ago, Takeout…
At 10 a.m on October 9, Wanxiaoe(万小饿), China’s first intelligent take-out robot created by ele.me logistics team, appeared in the Hongqiao Vanke center in Shanghai for the first time. From today, it will accomplish the "last mile" delivery in the office building through its smart delivery service. Wanxiaoe has three layers of incubator with large…
Recently, a figure shows that in Shanghai 76 traffic accidents related with takeout delivery happened in the first half of 2017, with one food-delivery rider injured or dead per 2.5 days on average. Riders involved in such accidents from Ele.me and Meituan both account for 26%. After the media reported this news, safety of food-delivery…
After nearly three decades of fighting, the competition between KFC and McDonalds in China is likely to heat up, because of its newly gotten “Chinese” identity. On November 1, 2016, KFC's parent company Yum! Brands spun off a new company - Yum! China, and was listed on the New York Stock Exchange. Its core business…
After months of seesaw battle, the fate of Baidu Takeout may soon be decided, mostly likely to be taken over by ele.me. Currently, ele.me official responds that they have no comment on it, and Baidu has ambivalent attitude without responding clearly. According to what a core high-ranking figure told touchweb, Baidu Takeout ever negotiated with…
According to a Caijing report, after Baidu Waimai (the food delivery unit of Chinese search engine company Baidu Inc.) discussions with S.F. Express (SF) were called off, Baidu Waimai maintained financial connections with Ele.me. Negotiations between both parties are now reaching a close, and if everything goes smoothly, results will be released within 2-3 weeks.…