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Rumor: Alibaba to Invest USD 1.5 Bln in Takeout Delivery Platform Ele.me

DoNews, 11/23/15

Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) will invest USD 1.5 bln in online takeout delivery platform Ele.me, which would make Alibaba the company's largest shareholder with a 30% stake, reports a source familiar with the matter. Read More