In China’s takeout wars, Meituan poses major threat to Alibaba's ambitions

In China’s takeout wars, Meituan poses major threat to Alibaba's ambitions

REUTERS/Thomas White/Illustration

A year after Alibaba began a new chapter with the departure of founder Jack Ma, the e-commerce giant has found little time for rest as two of its biggest businesses face fresh assaults from younger rivals with ambitious leaders who look much like Ma in his early days.

Among those, Meituan Dianping has emerged as the largest threat to Alibaba’s ambitions in local lifestyle services, with the two companies’ core takeout dining businesses at the center of the battle. Alibaba has fallen dangerously behind in the war over the last two years, mostly due to its newness in the space.

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