Alibaba is said to have bid around 11.8 billion Hong Kong dollars to acquire PopMart supermarket. Alibaba has not responded yet.

Recently, there have been market rumors that Alibaba plans to offer $1.5 billion to acquire the Chinese fresh food delivery platform Fuzhou Pupu E-commerce Co., Ltd. According to sources, Alibaba's offer is higher than Xinxin Retail's previous offer, which was more than double, and may trigger a bidding war. When asked for confirmation from Alibaba officials, there has been no response as of the time of writing.