ByteDance Denies Acquisition Talks with Alibaba for Ele.me Food Delivery Business

Gillettnews2023-12-19

ByteDance has firmly denied any ongoing discussions with Alibaba to acquire its Ele.me food delivery business. Contrary to recent rumors in Chinese media, a spokesperson for the tech firm stated that ...

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Contrary to recent rumors in Chinese media, a spokesperson for the tech firm stated that ...</p>\n\n<a href=\"https://gillettnews.com/news/bytedance-denies-acquisition-talks-with-alibaba-for-ele-me-food-delivery-business/333486/#gsc.tab=0\">Source Link</a>\n\n</div>\n","source":"lsy1699507379886","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ByteDance Denies Acquisition Talks with Alibaba for Ele.me Food Delivery Business</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nByteDance Denies Acquisition Talks with Alibaba for Ele.me Food Delivery Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-19 19:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://gillettnews.com/news/bytedance-denies-acquisition-talks-with-alibaba-for-ele-me-food-delivery-business/333486/#gsc.tab=0><strong>Gillettnews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ByteDance has firmly denied any ongoing discussions with Alibaba to acquire its Ele.me food delivery business. Contrary to recent rumors in Chinese media, a spokesperson for the tech firm stated that ...</p>\n\n<a href=\"https://gillettnews.com/news/bytedance-denies-acquisition-talks-with-alibaba-for-ele-me-food-delivery-business/333486/#gsc.tab=0\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BABA","symbol_name":"阿里巴巴","start_time":0,"source_url":"https://gillettnews.com/news/bytedance-denies-acquisition-talks-with-alibaba-for-ele-me-food-delivery-business/333486/#gsc.tab=0","article_id":"1184275015","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184275015","pubTimestamp":1702984888,"columns":[],"sourceInfo":{"source_id":"lsy1699507379886","name":"Gillettnews"},"weMediaInfo":null,"summary":"ByteDance has firmly denied any ongoing discussions with Alibaba to acquire its Ele.me food delivery business. 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However, ByteDance has squashed these speculations, emphasizing its lack of intention to pursue such negotiations with Alibaba regarding the food delivery platform.While the exact reasons behind the rumors remain undisclosed, it is worth noting the significant growth that the food delivery industry has experienced in recent years. The competitive nature of this market has prompted various companies to explore potential partnerships and acquisitions to enhance their market share.ByteDance’s denial of these acquisition talks indicates the company’s focus on other areas of its business. The tech firm has gained global recognition through popular platforms such as TikTok, and it seems committed to furthering its success in these domains rather than venturing into the highly competitive food delivery landscape.As of now, both ByteDance and Alibaba are expected to continue pursuing their respective business strategies independently. 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