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[BIG TECH]■ STORY TIMELINE

ALIBABA BIDS $1.5B FOR CHINESE GROCER PUPU

Alibaba Group has offered $1.5 billion to acquire Pupu, a Chinese grocery delivery firm, in an escalating competition with rival Meituan for online commerce dominance.

1 SOURCEFIRST SEEN JUN 12, 12:54 AM► READ THE ARTICLE
Bloomberg Tech+0m

Alibaba Group Holding Ltd. is offering $1.5 billion to acquire Chinese grocery delivery firm Pupu, initiating a bidding…