Alibaba will buy Chinese food delivery app in implied $9.5 billion deal

Chinese e-commerce giant Alibaba Group said on Sunday it would buy all shares that it does not already own in food delivery platform Ele.me. The deal implies an enterprise value of $9.5 billion for Ele.me, Alibaba said in a statement. Ele.me, which roughly translates as "Hungry?", is part of a … social experiment by Livio Acerbo …