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On 17 December 2015, Alibaba Group invested $1.25 billion to Ele.me. [9] [10] On 1 March 2017, Ele.me announced that they would launch an app entitled "Food Security Service". Restaurants that are suspected of violating the law will be synced to the supervision department, and this function now covers all the restaurants in Shanghai.
Alibaba reported revenues of $8.3 billion for its local services division, driven primarily by Ele.me, in the financial year that ended in March 31, a 19% increase from the previous year.
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 ...
Chinese food delivery platform Ele.me last week unveiled a new smart helmet designed for the millions of delivery riders in the country who can frequently be seen dashing through the country's ...
According to the Alibaba Group web site, eTao offers products from Amazon China, Dangdang, Gome, Yihaodian, Nike China, and Vancl, as well as Taobao and Tmall. [82] As part of a restructuring of Taobao by Alibaba, these spin-offs became separate companies in 2011, with Tmall and eTao becoming separate businesses in June and Juhuasuan becoming a ...
Meituan is the largest food delivery platform in China, holding a majority share of over 65% in the Chinese food delivery business, with its main competitor, Ele.me holding less than 30%. [ 27 ] [ 28 ]
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This is a list of notable Chinese restaurants. A Chinese restaurant is an establishment that serves Chinese cuisine outside China. Some have distinctive styles, as with American Chinese cuisine and Canadian Chinese cuisine. Most of them are in the Cantonese restaurant style.