Alibaba to buy out Baidu in Chinese food iphone 6 plus coque arriere delivery app
Alibaba Group Holding coque samsung grand plus amazon Ltd. coque iphone 5 has agreed to buy out Baidu coque samsung s7 etanche Inc.
An acquisition would hand Alibaba the biggest chunk of Chinese online food delivery and pit it meilleure coque samsung s6 directly against Meituan Dianping, backed coque samsung j3 manga by Tencent Holdings coque samsung galaxy s6 edge plus disney Ltd. coque iphone 4 The startup then bought Baidu’s delivery business at a $500 million valuation in August 2017, a person familiar said at the time.
If the deal goes through, Alibaba and Meituan will dominate a Chinese food delivery market that Analysys estimates coque iphone 6 m ms reached 67.7 billion yuan ($10.7 billion) coque samsung galaxy j1 cdiscount in 2017′s final quarter, up coque samsung mini s3 16.2 percent from the coque samsung galaxy s5 claire’s previous three months. coque iphone 11 For Baidu, it’s another exit from a business considered coque samsung galaxy grand prime m&m’s peripheral to its core operations in search and artificial intelligence. coque huawei nova coque iphone 6 paint Shares in Baidu rose 1.6 percent in pre market trade.
“With its online traffic and Koubei business, Alibaba could coque samsung galaxy s7 pas cher create a lot of synergy with this acquisition,” said Steven Zhu, a Shanghai based coque iphone 6 halloween analyst with Pacific Epoch. coque autres huawei “This would be a drag on the margin, because Alibaba now owns more delivery men and inventory, but coque samsung j3 2016 mickey it has coque samsung galaxy grand prime g531f no choice because long term wise most consumption still takes place offline.”
Alibaba has etui coque samsung j3 2016 taken coque samsung j3 3d steps to coque samsung ace 4 fnac shore up its logistics in recent months, taking over longtime delivery coque samsung wave affiliate Cainiao and drawing up plans to invest in warehouses. coque huawei nova however, which builds and runs its own fleet of delivery people, Alibaba’s last mile capabilities have been confined mainly to third party partners.
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