The Latest Breaking News from Eleme

Alibaba Folds Ele.me Into Taobao As China's Delivery War Heats Up

Alibaba Group Holding Limited (NYSE:BABA) has officially retired its longtime food-delivery brand Ele.me as it folds the service deeper into its instant-retail strategy to better compete in China’s intensifying delivery market.

Benzinga · Dec 5, 2025

Alibaba Unites Its Empire To Fight Back Against Meituan

Alibaba Group (NYSE:BABA) and its fintech affiliate Ant Group, co-founded by Jack Ma, have launched a unified strategy to take on Meituan (OTC:MPNGY) in China’s instant commerce market.

Benzinga · Aug 20, 2025

Alibaba Bleeds Billions As Delivery Price War Erases $100 Billion In Market Value

Alibaba Group Holding (NYSE:BABA) matched its record of 80 million on-demand deliveries on Saturday, intensifying its competition with Meituan (OTC:MPNGF) (OTC:MPNGY) and JD.com (NASDAQ:JD) in China’s high-stakes quick-delivery market.

Benzinga · Jul 14, 2025