---
title: "Ele.me announces stock option repurchase plan"
description: "Multiple former and current employees of Ele.me received emails stating that Alibaba's original local life options could be exchanged for cash or Alibaba Group stock, with a repurchase price of RMB 36"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261599007.md"
published_at: "2025-10-17T10:10:10.000Z"
---

# Ele.me announces stock option repurchase plan

> Multiple former and current employees of Ele.me received emails stating that Alibaba's original local life options could be exchanged for cash or Alibaba Group stock, with a repurchase price of RMB 36 per share. Former employees with vested options can exchange them for cash; current employees with unvested options can choose to convert them into cash, Alibaba Group stock, or a combination of cash and stock as long-term incentives

Multiple former and current employees of Ele.me received emails stating that the original local life options from Alibaba could be exchanged for cash or Alibaba Group stock, with a repurchase price of RMB 36 per share. Former employees with vested options can redeem them for cash; current employees with unvested options can choose to convert them into cash, Alibaba Group stock, or a combination of cash and stock as long-term incentives

### Related Stocks

- [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md)
- [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md)
- [KBAB.US - KraneShares 2x Long BABA Daily ETF](https://longbridge.com/en/quote/KBAB.US.md)
- [BABO.US - YieldMax BABA Option Income Strategy ETF](https://longbridge.com/en/quote/BABO.US.md)
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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.