Ele.me get rolled into Alibaba's e-commerce

Alibaba turns up its ‘instant retail’ game

The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant’s three-way “on-demand retail wars” with Meituan and JD.com Key Takeaways: Alibaba…

BRIEF: Dada Nexus agrees to be privatized by JD.com

Intra-city delivery company Dada Nexus Ltd. (DADA.US) said on Tuesday it signed a definitive agreement to be privatized by majority stakeholder JD.com (JD.US; 9618.HK) at a price of $2 per…