Google’s parent company Alphabet has reported a huge profit increase in its latest quarterly earnings report, as it continues to corner the digital advertising market. The Mountain View-headquartered firm, which appears to…
Alibaba Buys Food Delivery Firm Ele.me in $9.5bn Deal
Chinese e-commerce giant Alibaba has acquired Ele.me, an online food delivery service, in a deal worth $9.5 billion. Ele.me, founded ten years ago and headquartered in Shanghai, is operational in over 2,000…