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 ...

Alibaba announced in October 2023 that the firm had been the world’s third-largest IaaS provider by revenue for the fifth consecutive year with a market share of 7.7% in 2022, per Gartner.

China's Ele.me, the online food delivery company acquired by Alibaba Group Holding Ltd (BABA.N), will spend one billion yuan (£112.39 million) each month this summer on subsidies and marketing as ...

Alibaba Group has added a new rapid-delivery feature to its shopping platform, the e-commerce giant's latest attempt to grab a slice of China's on-demand delivery market ... competition in China's ...

Alibaba Group Holding's online shopping app Taobao has made its one-hour delivery service hotkey on the platform's homepage, as the tech giant tries to stake out a larger position in the on-demand ...

The Chinese Retail & Wholesale segments are forecasted to grow at a CAGR of 8.21%, International Retail & Wholesale at 15%, Cainiao in the Platform Delivery market at 5.15%, Chinese cloud at 20.44 ...

The broadening of the strategic partnership between Alibaba and RedNote comes as China's e-commerce giants vie for market share on multiple fronts amid weakened consumer confidence, leading to ...

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 ...