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Why Alibaba Is Merging Its Delivery Units

Why Alibaba Is Merging Its Delivery Units

Alibaba (BABA) is merging its local delivery units Ele.me and Koubei into a single independent company that will operate as its flagship vehicle in China’s local services market. Ele.me is one of China’s top online food delivery services. Alibaba completed the acquisition of the business in May. Koubei is a specialist in local deliveries.