The competition of waimai (food delivery) industry between Alibaba and Meituan is growing fierce. On 12th, Alibaba’s chief executive, Daniele Zhang, announced the new unit initiation called “local lifestyle and service business” which consists of Koubei, focusing on connecting stores and restaurant with users by providing authentic reviews and coupons, and ele.me, Chinese food delivery leader, aiming to compete straightly with Meituan.
