Alibaba in talks to acquire Chinese grocery delivery company — report
Key takeaways
- Alibaba in talks to acquire Chinese grocery delivery company — report.
- A Nikkei Asia source familiar with Pupu confirmed that talks with Alibaba are under way, but the platform is under no pressure to conclude a deal given its current financial health.
- A separate source close to Alibaba also confirmed the negotiations and noted that rival bidders are involved, without naming them or disclosing bid figures.
Alibaba in talks to acquire Chinese grocery delivery company — report. The prospective acquisition comes amid tightening regulatory oversight of China's platform economy. Credit: Robert Way / Shutterstock.com. · Retail Insight Network · Robert Way / Shutterstock.com. Shubhendu Vimal Tue, June 16, 2026 at 4:26 PM GMT+7 2 min read BABA Alibaba is in discussions to acquire Chinese on-demand fresh-grocery delivery platform Pupu in a deal reportedly worth $1.5bn.
A Nikkei Asia source familiar with Pupu confirmed that talks with Alibaba are under way, but the platform is under no pressure to conclude a deal given its current financial health.
A separate source close to Alibaba also confirmed the negotiations and noted that rival bidders are involved, without naming them or disclosing bid figures.