The reorganization underscores the growing strategic importance of on-demand delivery for China’s retail players.

While Alibaba (BABA) stock had a strong start to the year, it has looked weak over the last three months, gaining just 1.4% ...

Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion ...

Alibaba Group Holding Ltd is offering 50 billion yuan ($7 billion) of subsidies for food deliveries and online retail to ...

Major players in China’s on-demand delivery sector have burned over US$4 billion in the second quarter of 2025, according to estimates from Nomura, as they put priority on winning or consolidating ...

Alibaba 9988-1.04%decrease; red down pointing triangle Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday ...

Alibaba is merging Ele.me and Fliggy into its core e-commerce business to focus on revenue drivers amidst competition from JD.com and Meituan.

Alibaba is not without risks. As a Chinese stock, it can be prone to regulatory headwinds in China, while competition in the ...

Chinese tech giant Alibaba has announced a massive 50 billion yuan ($7 billion) subsidy initiative aimed at reviving domestic ...

Alibaba Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever fiercer competition. "This marks a strategic ...

Alibaba Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever fiercer competition. "This marks a strategic ...