Corporate Moves: Alibaba Buys Ele.Me, Meituan-Dianping Buying Mobike?

Jim Cramer's powering up the soundboard! Alibaba is buying the entirety of food delivery service Ele.me, and Tencent-backed Meituan, which just launched a ride-hailing service, is rumored to be buying...
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Last updated: 2018-04-03
Jim Cramer's powering up the soundboard! Alibaba is buying the entirety of food delivery service Ele.me, and Tencent-backed Meituan, which just launched a ride-hailing service, is rumored to be buying Mobike. What does this mean for you? Probably nothing, unless you invested in those! Click through for insane-sounding dollar amounts.

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