Alibaba Said to Buy Out Baidu, Other Investors in Ele.me

The video discusses Alibaba's strategy to enhance its last mile delivery network by buying out investors in the Chinese food delivery startup Ele.me. This move is part of a larger competition with Tencent, as both companies dominate the food delivery market in China. Jack Ma aims to integrate online and offline retail through investments in logistics and cashier-less supermarkets, similar to Amazon's approach in the U.S. Alibaba's focus is on improving distribution to homes, leveraging its logistics partners and new retail concepts.

What is the primary reason behind Alibaba's acquisition of Ele.me?

• To expand its e-commerce platform

• To enter the Chinese retail market

• To compete with Amazon in the US

• To strengthen its last-mile delivery network

Which two companies dominate the Chinese food delivery market?

• Alibaba and Baidu

• Baidu and Meituan Dianping

• Tencent and Amazon

• Ele.me and Meituan Dianping

What innovative retail concept is Jack Ma promoting?

• Pop-up shops

• Online-only stores

• Cashier-less supermarkets

• Traditional supermarkets

What is the main challenge for Alibaba in integrating online and offline worlds?

• Building more physical stores

• Competing with local retailers

• Developing new e-commerce platforms

• Achieving efficient last-mile distribution

Which logistics partner did Alibaba buy out in 2017?

• Tiny OW

• Best Logistics

• Baidu Logistics

• Meituan Logistics