Ele.me’s service expansion follows on the heels of rival Meituan’s widened logistics services.
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Posted inHeavy Hitters
Food delivery platforms push into lower-tier cities, new retail for growth: report
Ele.me claimed 47.4% share of total order volume last year, closing the gap with long-time market leader Meituan Dianping, which held 51.8%.
Posted inTurf Wars
The Big Sell | Meituan faces a profit pinch as China orders lower fees
Meituan faces a profit squeeze as Chinese regulators order platforms to cut fees to help small businesses.
Posted inTurf Wars
Meituan faces challenge from Alipay on its home turf
Meituan faces a renewed challenge from Alibaba in local lifestyle market as Alipay drives users to in-ecosystem services.
Posted inTurf Wars
Tencent-backed Missfresh raises $495 million
Missfresh is one of several grocery delivery companies to unexpectedly benefit from the Covid-19 outbreak in China.
Posted inTurf Wars
Ele.me denies rumored merger with Koubei
Rumors started on Wednesday, August 8 that Alibaba, the holding company of Ele.me and Koubei, would merge these two companies and seek to raise $3 billion. Japan’s SoftBank was said to lead the investment.
Posted inTurf Wars
Ele.me partners with HelloBike amid escalating battle with Meituan
Ele.me and HelloBike have moved into a new partnership for sharing users base with each other.
Posted inTurf Wars
Baidu Waimai rebrands as Star.Ele to target at higher-end food delivery market
Baidu Waimai’s rebranding represents a footnote for the changing landscape of China’s online food delivery industry.
Posted inTurf Wars
Starbucks said to strike back at Luckin with coffee delivery by Ele.me
Starbucks said to deliver coffee in tie-up with Alibaba’s Ele.me —SCMP What happened: Starbucks is planning to deliver coffee with the help of Alibaba-owned food delivery platform Ele.me, according to unnamed sources. The move comes after Starbucks reported a 2% decline in revenues for the last quarter. The two companies are yet to confirm the news. […]
Posted inTurf Wars
Alibaba plans to merge food delivery units amid competition from Tencent-backed Meituan
Alibaba intends to merge its food delivery units and raise funds for the new mega-entity.
