Source: Tech – South China Morning PostChinese e-commerce giant Alibaba Group Holding has formed a new life services division that covers digital mapping, online travel booking and food delivery in its latest corporate restructuring, a move that is poised to ratchet up competition with on-demand local services market leader Meituan.Alibaba partner Yu Yongfu, 44, will lead the new group that includes digital mapping platform AutoNavi, online travel business Fliggy, and local services platforms Ele.me and Koubei, according to an…Read More