Chinese E-Commerce Group Alibaba In Talks with Ele.me

Chinese e-commerce giant Alibaba Group Holding Ltd. is in talks to buy the food delivery platform Ele.me, but a deal has not been reached.

Alibaba has recently contacted all the owners of Rajax and expressed its intention to buy,” Rajax shareholder Hualian said in their statement responding to local media reports of a buyout. “However, the company has not currently signed any agreement to transfer any equity in Rajax to Alibaba. Key issues like price, timing, volume, and the method of any equity transfer are still under discussion.”[1]

Bloomberg says that Ele.me is believed to have been worth US$5.5 billion to US$6 billion in a May fundraising last year. If they gain control of the startup, Ele.me could be valued at as much as U$9.5 billion.

Ele.me, which translates to “Hungry?” or “Hungry Yet?” is part of a fast-growing market in China where consumers can purchase a variety of goods, from groceries to movie tickets, from their smartphone.

[1] https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/chinas-alibaba-seeks-to-buy-food-delivery-app-ele-me-shareholder/63105920

Follow us on social media for the latest updates in B2B!

Image

Latest

personal branding
Personal Branding Now Drives B2B Success, Customer Trust, and Competitive Advantage
December 5, 2025

Personal branding has rapidly shifted from a “nice-to-have” to a strategic imperative in B2B marketing, reshaping how companies communicate, differentiate, and build trust. As industries evolve and professionals take on more dynamic, multi-stream careers, visibility and authenticity have become critical assets. Key findings from the Edelman + LinkedIn Thought Leadership Impact Report show that…

Read More
IT
Real-World IT Practices Are Streamlining AV Deployments and Raising the Bar for Consistency
December 4, 2025

For years, the AV industry has discussed the long-anticipated convergence with IT—but that shift is no longer theoretical. With cloud adoption accelerating, hybrid work normalizing, and organizations rebuilding digital infrastructure after years of rapid change, AV systems now sit squarely on the IT backbone. In fact, the majority of newly upgraded conference rooms require network-centric…

Read More
ROI
ROI Case Study
December 3, 2025

Denials are no longer a slow leak in the revenue cycle—they’re a fast-moving, rule-shifting game controlled by payers, and hospitals that don’t model denial patterns in real time end up budgeting around losses they could have prevented. PayerWatch’s four-digit, client-verified ROI in 2024 shows what happens when a hospital stops reacting claim by…

Read More
coverage
Clip 2 – Fighting for Coverage: One Patient’s Story
December 3, 2025

Health insurers love to advertise themselves as guardians of care, but the real story often begins when a patient’s life no longer fits neatly into a spreadsheet. In oncology especially, “coverage” isn’t a bureaucratic checkbox—it’s the fragile bridge between a treatment that finally works and a relapse that can undo years of grit…

Read More