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thanks to their deep cash reserves and existing delivery networks. As of Dec. 31, Alibaba, JD.com, and Meituan held net cash positions of ¥400 billion, ¥144 billion, and ¥110 billion ...
China's Meituan MPNGY and JD.com JD have experienced a major selloff, triggered by the battle to win the food delivery war in ...
Alibaba is also expanding into instant delivery through Ele.me and Taobao Shango, adding new ways to engage users. JD is facing losses in its new business segment, particularly food delivery ...
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JD.com to enter China’s food delivery marketJD.com's entry to the food delivery market is set against the backdrop of a duopoly, with market leader Meituan and Alibaba's Eleme ... These price wars, however, have led to a downturn in the ...
Alibaba has rolled out its one-hour delivery service ... The accelerated launch comes as rivals like JD.com and Meituan ramp up investments in instant delivery, expanding from their core strengths in ...
Alibaba, owner of the South China Morning Post, saw combined daily orders on its freshly launched Taobao Instant Commerce initiative and Ele.me food delivery service surpass 40 million within a ...
The question of whether JD.com (JD) could be the future of e-commerce in China and eventually dethrone Alibaba (BABA) is an intriguing one. After all, JD is a hyper-growth play in a sector that ...
JD.com Inc has sued Alibaba Group Holding Ltd. in a Beijing ... co-founded by billionaire Jack Ma of exaggerating its same-day delivery service, according to the statement on Friday.
Alibaba Group ... enjoy next-day delivery services from Alibaba when purchasing certain types of products. Alibaba is also facing challenges from its major rival, JD.com, which operates its ...
A Chinese court has sided with online giant JD.com in a long running antimonopoly case against its rival Alibaba, the company announced on Friday, years after Beijing launched a tough regulatory ...
Although at the current stage the delivery services from Alibaba's marketplaces are not as satisfactory as that from JD due to lack of direct control over the fulfilment, dispatch and delivery ...
Alibaba is a profitable company as opposed to JD.com. Alibaba is also more efficient than JD. Alibaba has a much stronger position in e-commerce than JD.com. By many measures, Alibaba's stock is ...
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