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Alibaba Local Life to Launch Discount Group Buying Service of Food Delivery to Wrestle with Meituan
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Alibaba Local Life, a subsidiary of BABA-W (09988.HK)(BABA.US), announced the launch of a discount group buying service of food delivery, directly wrestling with MEITUAN-W (03690.HK). This service will be embedded as a mini-program within the Alipay App. Development has been completed, but the launch date is yet to be determined. AASTOCKS Financial News Website: www.aastocks.com |
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