--- title: "Report: Alibaba Plans to Bid $1.5 Billion for Chinese Fresh Food E-commerce Platform \"Pupu Supermarket\"" type: "News" locale: "en" url: "https://longbridge.com/en/news/289529651.md" description: "According to reports, Alibaba is offering $1.5 billion to acquire the Chinese fresh food e-commerce platform Pupu Supermarket. This move is part of Alibaba's strategy to capture online market share from MEITUAN. Sources familiar with the matter revealed that this offer is more than double the previous bid made by SUNART RETAIL" datetime: "2026-06-12T01:03:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289529651.md) - [en](https://longbridge.com/en/news/289529651.md) - [zh-HK](https://longbridge.com/zh-HK/news/289529651.md) --- # Report: Alibaba Plans to Bid $1.5 Billion for Chinese Fresh Food E-commerce Platform "Pupu Supermarket" Alibaba is offering $1.5 billion to acquire the Chinese fresh food delivery platform "Pupu Supermarket," as part of a broader initiative aimed at capturing online commercial market share from MEITUAN. Sources familiar with the matter stated that Alibaba's offer is more than double the previous bid submitted by SUNART RETAIL. (Bloomberg) * * * Risk Warning and Disclaimer The market involves risks, and investment should be approached with caution. This article does not constitute personal investment advice, nor does it take into account the specific investment objectives, financial status, or needs of individual users. Users should consider whether any opinions, views, or conclusions presented in this article align with their specific circumstances. Investors assume full responsibility for any decisions made based on this content. ### Related Stocks - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [03690.HK](https://longbridge.com/en/quote/03690.HK.md) - [06808.HK](https://longbridge.com/en/quote/06808.HK.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [83690.HK](https://longbridge.com/en/quote/83690.HK.md) - [MPNGY.US](https://longbridge.com/en/quote/MPNGY.US.md) - [HMTD.SG](https://longbridge.com/en/quote/HMTD.SG.md) ## Related News & Research - [Dear Alibaba Stock Fans, Mark Your Calendars for June 30](https://longbridge.com/en/news/289347586.md) - [US adds Chinese solar, battery firms to list of military-linked companies](https://longbridge.com/en/news/289283767.md) - [Indian quick commerce firm Zepto to raise up to $837 million in IPO](https://longbridge.com/en/news/289096280.md) - [As 618 shopping frenzy grows, Beijing warns e-commerce giants over price tactics](https://longbridge.com/en/news/289445393.md) - [Beijing summons China’s top e-commerce platforms over misleading 618 promotions](https://longbridge.com/en/news/289433229.md)