ByteDance denies reports it plans to acquire Alibaba’s food delivery business

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.

(Reporting by Casey Hall; Editing by Kirsten Donovan)

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