logo
Share SHARE
FONT-SIZE Plus   Neg

Ele.me Merges With Baidu Deliveries To Consolidate Food Delivery Unit

Ele.me, an online food delivery service and local services platform in China, in which Alibaba Group (BABA) is a key shareholder, announced its merger with Baidu Deliveries, the food delivery arm of internet search firm Baidu Inc. (BIDU). Both Alibaba and Baidu will provide the Ele.me and Baidu Deliveries platforms with support in technology, customer acquisition, and food safety. In addition, Alibaba has committed additional capital to support Ele.me's aggressive growth strategies.

Baidu Deliveries will continue to operate as an independent brand while retaining its existing management team. Baidu Deliveries, in three years of operation, has managed to reach 300 cities, connecting one million merchants with over 100 million users.

The partnership brings together respective strengths of the two platforms to provide users with an even higher level of service, raising the bar for the entire food delivery industry. As part of the deal, Ele.me will contribute data and resources to improve the experience of Baidu Deliveries users.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
10 Worst Places To Raise A Family Whether you are a young couple building a nest or seasoned parents looking for a change of scenery, there are number of places around the country that should be avoided, according to personal finance website WalletHub. They looked at mainly five categories for... A passenger has filed a lawsuit against Canadian budget airline Sunwing Airlines for serving him cheap sparkling wine instead of champagne on board a flight, according to media reports. The Canadian passenger, Daniel MacDuff, reportedly boarded his Sunwing flight to Cuba in February, on a flight package that advertised a complimentary on-board champagne toast. Senate Health Committee Chairman Lamar Alexander, R-Tenn., and ranking member Patty Murray, D-Wash., announced Thursday that twenty-two other Senators are cosponsoring their bipartisan plan to provide short-term stability to Obamacare. The bipartisan bill includes a two-year extension of the cost-sharing...
comments powered by Disqus
Follow RTT