Alibaba, Stumbling in a U.S. Foray, Will Sell Its Shopping Site

June 23, 2015

Tencent is the current leader in China’s food-delivery market, with stakes in restaurant-review site Dianping and food-ordering app Ele.me, said Forrester analyst Xiaofeng Wang. Tencent invested in Ele.me, which means “Are you hungry?” in Chinese …