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Alibaba Bids $1.5 Billion for China Grocer in Fight With Meituan

Alibaba Bids $1.5 Billion for China Grocer in Fight With Meituan
Bloomberg Technology Friday 12 June 2026, 00:54 UTC By Cathy Chan 1 min read
Key Points

A delivery worker for Meituan in Shanghai.

A delivery worker for Meituan in Shanghai. Photographer: Qilai Shen/Bloomberg
Alibaba (LOCATION) China Grocer (ORG) Fight With Meituan (LOCATION) Meituan (LOCATION) Shanghai (LOCATION) Qilai Shen (PERSON)
Originally published by Bloomberg Technology Read original →

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