Alibaba Group Holding Ltd. is offering $1.5 billion to acquire Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from Meituan in online commerce.
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June 12, 2026 - 14:48
Alibaba Bids $1.5 Billion for China Grocer in Fight With Meituan
By Pharos Investment Advisors Comments are Off
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