ByteDance denies reports it plans to acquire Alibaba's food delivery business

The ByteDance logo is seen at the company's office building in Shanghai, China, July 4, 2023. REUTERS/Aly Song/File Photo

SHANGHAI (Reuters) - ByteDance said on Tuesday that it is not in talks with Alibaba to acquire its Ele.me food delivery business.

A spokesperson said the tech firm also "does not have plans to talk with Alibaba" about an Ele.me takeover following reports of a potential deal in Chinese media.