Alibaba's new 'instant commerce' portal passes 40 million daily orders

Chinese ecommerce giant Alibaba announced that its new Taobao Instant Commerce portal has surpassed 40 million daily orders within a month of launch. Integrating Ele.me’s merchants into Taobao, the service delivers items within 60 minutes, reflect...

Reuters
Chinese ecommerce giant Alibaba said Monday that its Taobao Instant Commerce portal, which delivers items within 60 minutes, has surpassed 40 million daily orders within a month of launching.

The portal brings merchants from Alibaba's food delivery arm Ele.me onto its main domestic shopping app, Taobao, and is part of a broader move among Chinese online platforms in recent months to invest billions in so-called "instant retail".
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