Kuries wrote a post · Mar 17 22:47

Douyin Denies Plans to Acquire Stake in BABA's Ele.me

Rumors suggest ByteDance may acquire a majority stake in Ele.me from BABA for $7.5 billion, with varying reports on the exact share percentage. However, Douyin, a subsidiary of ByteDance, denies any such plans.

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Kuries

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