Alibaba, Ant Financial invest $1.25 billion in China online food-delivery firm Ele.me

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.

from Reuters: Technology News http://ift.tt/1qHzi0W