
Alibaba bids $1.5B for Pupu, doubling Meituan's $717M deal, intensifying China's instant commerce battle.
Alibaba is reportedly offering $1.5 billion to acquire Pupu, a dominant online grocer in South China's Fujian province, more than double the $717 million Meituan paid for Dingdong, a national online grocer. This move highlights the fierce competition...


