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Alibaba To Invest $1.25B In Venture-Backed Ele.Me

  • December 28, 2015 — 11:26 CST

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Alibaba Group Holding Ltd. has agreed to invest US$1.25 billion in Shanghai-based food ordering mobile app Ele.me, becoming the O2O (online-to-offline) start-up’s biggest shareholder, according... [DATA LOCKED]

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