News

China’s three biggest food delivery platforms kicked off their summer promotions this weekend with rock-bottom prices. But while customers celebrated the deals, the benefits for merchants were ...
Meituan introduced big subsidies for food and instant delivery orders after Taobao Flash Buy, previously known as Taobao ...
Analyst expectations for where Amazon stock is headed vary, but Wall Street remains optimistic overall, especially in the ...
Alibaba stock is down over 27% from its 2025 highs. The stock, however, looks like a good buy given its valuation and can ...
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 ...
After handing out vouchers aggressively, China's largest food-delivery platform, Meituan, said order volumes exceeded the company's historical peak and crashed the system temporarily around 6 p.m. on ...
Alibaba will issue 50 billion yuan (US$6.98 billion) in vouchers and coupons over the next year to drive consumer and merchant activity on its e-commerce and delivery platforms in China.
SHANGHAI, July 3 (Reuters) - Hong Kong shares closed down on Thursday, led by tech stocks, as investors fretted that intensifying competition among e-commerce giants could squeeze profit margins.
Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion ...
Chinese tech giant Alibaba has announced a massive 50 billion yuan ($7 billion) subsidy initiative aimed at reviving domestic ...
Alibaba.com, the Chinese company's core e-commerce platform, said the move will give its sellers the ability to build virtual storefronts using Wix's platform. In turn, merchants on Nasdaq-listed Wix ...
Alibaba.com, a leading global business-to-business (B2B) marketplace, and Wix.com Ltd. (NASDAQ: WIX), the leading SaaS ...