BEIJING (Reuters) - Chinese online food-delivery service company Ele.me has raised $1.25 billion from Alibaba Group Holding and its Internet finance arm Ant Financial, Ele.me and Alibaba said in separate statements on Wednesday.
Subscription-based e-retailing is one of the fastest growing online segments, and more traditional merchants like Starbucks and Sephora are adding the box model to their repertoire, a Hitwise report says...
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