According to news on the afternoon of December 19, there are recent rumors that Douyin is currently negotiating with Alibaba to acquire Ele.me. Ele.me has yet to comment on this. According to rumors, "Douyin is currently negotiating with Alibaba to acquire Ele.me. It has reached the price negotiation stage. If the negotiations go well, it is expected to be completed after the spring."
There is also news that the acquisition price is probably more than 7 billion US dollars.
Ele.me has yet to comment on this matter.