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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.
Chinas e-commerce giants Alibaba and JD.com are escalating their rivalry by diving deeper into the fast-growing instant ...
Alibaba Group Holding Ltd.’s quarterly revenue grew a disappointing 7%, reflecting a persistent Chinese consumer malaise that ...
Five government agencies, led by the State Administration for Market Regulation, urged the instant commerce giants to follow ...
In a bid to attract users, JD.com and Alibaba have invested heavily in subsidising instant retail purchases on their platforms. JD.com said in April that it would commit "over 10 billion yuan" ($1 ...
Shares of JD.com Inc JD fell 4.3% to $34.16 Thursday morning, tracking a broader decline in Chinese e-commerce stocks after Alibaba Group reported mixed fiscal fourth-quarter resu ...
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 ...
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 ...
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