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Online food ordering is the process of ordering food, for delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc).
In China, food delivery services include DiDi (the dominant ride-hailing company in China),and Alibaba-acquired Ele.me; and Tencent-backed Meituan. Users can order restaurant food, supermarket products, vegetables and fruit, cakes and flowers for delivery on these platforms. [32] China's food delivery market is expected to cross $21 billion in ...
Bolt Food is an online food ordering and delivery platform launched by Bolt in 2019. Meals and groceries are delivered by couriers using cars, scooters, bikes, or on foot. Bolt Food is operational in over 80 cities across 19 countries as of 2
Alibaba and affiliate Ant Small & Micro Financial Services Group Co Ltd currently own approximately 43 percent of Ele.me, and the latest deal will value the startup a $9.5 billion, said Alibaba in ...
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The deal implies an enterprise value of $9.5 billion for Ele.me, Alibaba said in a statement.
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