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ByteDance denies reports it plans to acquire Alibaba's food delivery business
20 Dec, 2023 / 06:53 AM /
ByteDance
Source: http://www.reuters.com
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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