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Alibaba Extends NFT Reach With Its Food Delivery Arm
Alibaba-owned announced the launch of its first non-fungible tokens (NFTs) on Tuesday with the Hangzhou Cuisine Museum, featuring traditional Hangzhou dish cod meatballs.
8:18 20th Apr, 2022

The food delivery giant partnered with the Hangzhou Municipal Bureau of Commerce to promote local food and culture.

Users can claim the NFTs by uploading a series of original photos of traditional Hangzhou dishes.’s NFTs are non-transferable, a measure implemented to abide by China’s banking and finance self-regulatory bodies’ demands. and Meituan have a duopoly on China’s food delivery industry.

Meituan, partially owned by Alibaba rival Tencent, has not issued its own NFTs.


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