Alibaba is offering $1.5 billion for Chinese grocery platform Pupu, more than double a rival bid from Sun Art Retail. The deal would intensify its battle with Meituan over instant delivery.

Alibaba is offering $1.5 billion for Chinese grocery platform Pupu, more than double a rival bid from Sun Art Retail. The deal would intensify its battle with Meituan over instant…

Alibaba is said to be bidding USD 1.5 billion to acquire Chinese fresh food delivery platform Pupu. The offer is reportedly more than double a previou…