Tech
Meituan
Chinese on-demand delivery and local-services platform with a very large delivery-rider network, a competitor of Alibaba's grocery and instant-retail businesses.
Tracked on The AI Supply Chain (1)
Announcement · 13 Jun 2026
Alibaba Bids $1.5 Billion for Pupu Supermarket to Challenge Meituan
$1.5 billion
Alibaba Group has made a $1.5 billion offer to acquire Pupu Supermarket, a Chinese fresh food delivery platform, in a move to challenge Meituan's dominance in the instant retail market.
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