BABA [Alibaba] 6-K: Alibaba Group and Ant Financial Announce Local Services
[Alibaba Group and Ant Financial Announce Local Services JV New Company Koubei to Capture Offline Consumption Opportunities HANGZHOU, CHINA, June 23, 2015 The joint venture, Koubei, will integrate the convenient aspects of mobile commerce and big data to transform and upgrade Chinas local services sector, offering consumers enhanced dining and shopping experiences. Alibabas food ordering and delivery business operating under] [2 ALIBABA GROUP HOLDING LIMITED]