Move comes as regulators warn platform companies to rein in price competition

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…

Move comes as regulators warn platform companies to rein in price competition

Alibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from rival Meituan. This move highlights intense…

Alibaba avalia oferta de US$ 1,5 bilhão pela plataforma chinesa Pupu