ByteDance denies reports it plans to acquire Alibaba's food delivery business
Technology
It said the tech firm also "does not have plans to talk with Alibaba" about an Ele.me takeover
SHANGHAI (Reuters) - ByteDance said on Tuesday that it is not in talks with Alibaba to acquire its Ele.me food delivery business.
A spokesperson said the tech firm also "does not have plans to talk with Alibaba" about an Ele.me takeover following reports of a potential deal in Chinese media.