On February 24th, 2020, Ali Local Life Service Company officially announced the wholly-owned acquisition of Keruyun. After the acquisition is completed, Ali Local Life Service Company will form a product and service layout integrating hungry home business, word-of-mouth business, local instant delivery of hummingbirds and digital tools like Fanke.
Noun explanation:
Wang Leyan, a partner of Alibaba Group and president of Ali Local Life Service Company, stressed that Ali Local Life Service Company and Keruyun have the same goal, that is, to help local life service businesses reduce costs and increase income through digital upgrade. This is the inevitable direction of local life service industry. Digital reconstruction must be an online and offline integrated operation and an integrated upgrade of software and hardware. Therefore, the integration of customers into the Ali economy will definitely accelerate this upgrading process again.