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Alibaba and JD.com are pouring billions into ultra-fast delivery and steep discounts—like nearly free coffee—to win over cost ...
Alibaba and JD.com are intensifying their market competition by diving into instant retail, which guarantees 30 to 60-minute ...
The company generated 236.45 billion yuan (US$32.79 billion) in revenue for the fiscal fourth quarter ended March 31.
Alibaba Group Holding Ltd.’s quarterly revenue grew a disappointing 7%, reflecting a persistent Chinese consumer malaise that ...
Chinese e-commerce giant Alibaba reported quarterly revenue that missed Wall Street estimates on Thursday, as the firm works ...
Five government agencies, led by the State Administration for Market Regulation, urged the instant commerce giants to follow ...
Chinas e-commerce giants Alibaba and JD.com are escalating their rivalry by diving deeper into the fast-growing instant ...
Per Leifengwang, Meituan instashopping's computers, communications, and consumer electronics home appliance orders were half of JD.com's in 2024 ... in the long run. Alibaba's e-commerce segment ...
Alibaba's decision to upgrade its instant delivery services and amp up promotional subsidies is a bold move aimed at capturing a larger share of the instant e-commerce market. With the May Day holiday ...
While subsidising consumer discounts for instant retail is expensive, China's e-commerce giants have significant cash ...
China's instant retail market has long been dominated by food delivery giant Meituan with Alibaba's Ele.me in second place. In February, another e-commerce giant, JD.com, began bringing ...