Zhang Xuhao (R), the founder and CEO of Ele.me. Photo: SCMP

Valuation of food courier Ele.me doubles to US$6b on funds served by Alibaba, Ant Financial

The financing by Alibaba and Ant would value Ele.me at between US$5.5 billion and US$6 billion, according to people familiar with the matter.

Topic |   Start-ups

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Zhang Xuhao (R), the founder and CEO of Ele.me. Photo: SCMP
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