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ALIBABA FOOD DELIVERY
China hits food delivery platforms with 3.6 bln yuan fine for 'ghost' deliveriesChina has imposed hefty fines on seven major e-commerce platforms for serious food safety breaches. Companies like Taobao, Meituan, Pinduod...- Chinese food delivery giants surge as regulator, state media call end to price warShares of delivery platform Meituan surged on Wednesday after Chinese state media and the regulator urged the industry to end a bleeding ...
- China probes competition among food delivery platforms to curb price warChina will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan and Alibaba, aiming to r...
- China's ecommerce companies are getting singed by a price warThe likes of Alibaba, Meituan and JD.com have been flooding consumers with discounts and coupons to gain market share in the booming one-ho...
- Chinese food delivery company Meituan's profit slides as competition intensifiesMeituan has nearly 70% of China's delivery market but the company warned that the defence of its customer base will prove expensive in the ...
- JD. com faces battle to gain ground in China's instant delivery marketThe company has poured billions into JD Takeaway, the food-delivery unit it launched in February, to cut reliance on a core retail business...
- Alibaba's new 'instant commerce' portal passes 40 million daily ordersChinese ecommerce giant Alibaba announced that its new Taobao Instant Commerce portal has surpassed 40 million daily orders within a month ...
- China asks food delivery giants to compete fairlyChinese authorities met with major food delivery firms JD.com, Meituan, and Ele.me to address competition issues. Regulators urged adherenc...
- Chinese ecommerce giants make expensive bets on fast deliveriesThe new turf war focused on speed is coming at a high cost in the short term as the ecommerce giants look to entice consumers with hefty di...
- Alibaba, RedNote in tie-up as China ecommerce competition intensifiesThe broadening of the strategic partnership between Alibaba and RedNote comes as China's ecommerce giants vie for market share on multiple ...
- China's JD.com moves into food delivery, starts recruiting restaurantsCatering merchants who register with JD Takeaway before May 1 will enjoy commission-free services for the entire year, it said.
- How Chinese tech giant Alibaba's six new business units stack upThe e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a ho...
- How Alibaba's six new business units stack upAlibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment. Th...
- After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
- Alibaba Group to sell 26.29 crore Zomato shares on November 30The sale will take place at an offer floor price of Rs 60 per share – a 5.59% discount to Tuesday’s closing price of Rs 63.55 on BSE.
- How a newcomer is dishing out a tough time for AlibabaA gruelling fight between market leaders Meituan and Alibaba is reshaping life for billions of shoppers in China’s busiest cities
- Zomato Raises $200 million from Ant FinancialZomato which earns a lion’s share of its revenues from its advertising business, is also locked in a battle for market leadership in the fo...
- Alibaba's drones deliver packages to islandsThe drones were jointly developed by Alibaba's delivery arm Cainiao Network, the company's rural shopping platform Rural Taobao, and a dome...
- Zomato waives off reservation fee for restaurants as it looks to widen its restaurant baseThe move follows Zomato’s 1 million reservations mark clocked in September through the one year old table reservation offering, a move that...
- Zomato in talks to raise up to $200 mn from Alibaba, AlipayThe deal, if it goes through, will be part of Alibaba and Alipay’s global play as Zomato has a strong presence in Southeast Asia and Middle...
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