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ByteDance Denies Reports It Plans to Acquire Alibaba’s Food Delivery Business

By TRENDINGBUSINESSDec 19, 2023
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SHANGHAI (Reuters) – ByteDance said on Tuesday that it is not in talks with Alibaba to acquire its Ele.me food delivery business. A spokesperson said the tech firm also “does not have plans to talk with Alibaba” about an Ele.me takeover following reports of a potential deal in Chinese media.

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