Alibaba acquires Beijing-based intelligent catering management startup Keruyun

Alibaba Group has acquired all shares in Keruyun, a Beijing-based intelligent catering management solutions provider, as the Chinese e-commerce giant aims to strengthen its business layout in the on-demand local life service market.

Hangzhou-based Alibaba completed the acquisition through a local life service unit, Alibaba Local Life Service, Keruyun said in a WeChat post on Monday.

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