Douyin has denied acquiring Ele.me, but the news has caused widespread attention and speculation in the market.
According to Douyin's official response, this news is inaccurate, and Douyin has no plans to acquire Ele.me. Although Douyin and Ele.me are both Chinese Internet companies, they differ in their business models and user groups. Douyin is mainly for short** socializing, while Ele.me is mainly for takeaway services. If Douyin acquires Ele.me, it will be a major cross-border acquisition that needs to be taken into account.
While the partnership between Douyin and Ele.me has the potential to lead to some new business opportunities, acquisitions are not a viable option. In addition, the competitive environment in the market is also one of the important factors influencing acquisitions. At present, there are also giant companies such as Meituan and Alibaba in the food delivery market, and if Douyin acquires Ele.me, then it will face more fierce competition.
Although Douyin's denial of the news of the acquisition of Ele.me disappointed the market, it also triggered more speculation about the future of the Internet industry. Autumn and Winter Check-in Challenge