Alibaba’s food delivery service Ele.me is reportedly seeking a US$3 billion new funding round to finance an increasingly fierce market share battle with rival Meituan Dianping and new comer Didi Waimai, according to Chinese media reports citing insiders. Alibaba did not immediately respond to China Money Network’s email seeking for comment. There is no information on who the potential investors may be. The news came after Ele.me announced to spend a total of RMB3 billion (US$440 million) this summer on …

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