Alibaba Group Holding Ltd said on Thursday that the group will sell the firm’s stake in Meituan, a company that delivers food and offers deals from local businesses, to focus on its own rival Koubei venture.
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in