*9.5 billion U.S. dollars is the enterprise valuation of Ele.me; Alibaba and Ant Financial owned 43 percent with Alibaba acquiring the remaining shares.
**According to the source, the amount of acquisition was 1-2 billion U.S. dollars.
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Major startup M&As in China 2017-2018, based on acquisition amount
This statistic shows the major startup mergers and acquisitions in China between January of 2017 and June of 2018, based on amount of acquisition. During that period, Alibaba Group bought full control of the startup Ele.me at *** billion U.S. dollars value.
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Abacus news. (July 10, 2018). Major startup mergers and acquisitions in China between January 2017 and June 2018, based on amount of acquisition (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/954894/china-major-startup-mergers-and-acquisitions-based-on-acquisition-amount/
Abacus news. "Major startup mergers and acquisitions in China between January 2017 and June 2018, based on amount of acquisition (in billion U.S. dollars)." Chart. July 10, 2018. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/954894/china-major-startup-mergers-and-acquisitions-based-on-acquisition-amount/
Abacus news. (2018). Major startup mergers and acquisitions in China between January 2017 and June 2018, based on amount of acquisition (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/954894/china-major-startup-mergers-and-acquisitions-based-on-acquisition-amount/
Abacus news. "Major Startup Mergers and Acquisitions in China between January 2017 and June 2018, Based on Amount of Acquisition (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 10 Jul 2018, /statistics/954894/china-major-startup-mergers-and-acquisitions-based-on-acquisition-amount/
Abacus news, Major startup mergers and acquisitions in China between January 2017 and June 2018, based on amount of acquisition (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/954894/china-major-startup-mergers-and-acquisitions-based-on-acquisition-amount/ (last visited July 27, 2026)
Major startup mergers and acquisitions in China between January 2017 and June 2018, based on amount of acquisition (in billion U.S. dollars) [Graph], Abacus news, July 10, 2018. [Online]. Available: /statistics/954894/china-major-startup-mergers-and-acquisitions-based-on-acquisition-amount/
