Meituan, China's leading food delivery service, reports a significant profit increase but warns of volatility due to intense ...

Alibaba’s Taobao Instant Commerce service and Ele.me have surpassed 40 million daily orders within a month of launch, the ...

The achievement is Alibaba’s latest in China’s rapidly evolving “instant commerce” market– where items ranging from groceries ...

Explore the impact of tariff uncertainties on PDD Holdings Inc.'s Q1 earnings miss and Alibaba's strategies amidst U.S.-China ...

The Chinese on-demand delivery giant beat expectations, as it fends off rivals Alibaba and JD.com Chinese on-demand local ...

Alibaba, which operates the second-largest food delivery ... delivery market, Morningstar analysts said. Defending that customer base could prove expensive amid the intensifying competition ...

Alibaba and JD.com are intensifying their market competition by diving into instant retail, which guarantees 30 to 60-minute delivery. This aggressive expansion strategy aims to attract consumers with ...

Alibaba is losing market share to PDD and Douyin ... down from 72% in the year-ago period, due to competition. Additionally, we think Alibaba’s food delivery business in the local consumer ...

Beijing-based JD.com, a newcomer in food delivery, has been making aggressive moves to take on established leaders like Alibaba's Ele.me and Meituan, including a plan to hire 100,000 full-time riders ...

SHANGHAI] China’s leading food delivery group Meituan on Monday (May 26) reported net profit for the first quarter of 10.9 ...

Alibaba and JD.com, major Chinese e-commerce companies, are intensifying their competition for market share by heavily investing in instant retail.