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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 folds food delivery, online travel services into core ecommerce unit: ReportCEO Eddie Wu described the move as a strategic shift toward becoming a unified consumer platform.
- 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 ...
- Chinese ecommerce giant JD. com sales rise after costly food delivery pushJD.com recorded a jump in first-quarter revenue Tuesday, as the Chinese e-commerce giant makes a costly push to establish itself in the cou...
- 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.
- 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...
- China urges platform companies to protect rights of gig workersThe 11 companies that took part included take-out delivery platforms Meituan, ele.me and ride-hailing firm Didi Global, the Ministry of Hum...
- Alibaba apps start offering WeChat Pay option after government ordersEarlier this month, the ministry of industry and information technology said it had asked internet companies to end a long-standing practic...
- China tells delivery, ride-hailing firms to better protect workersRegulators in China have come down hard on its biggest technology firms this year, criticising them for policies that exploit workers and i...
- Deaths, self-immolation draw scrutiny on China tech giantsChina's internet industries already were known for long, demanding days. With millions of families confined at home, demand surged and empl...
- Tatas may exit fertilisers with Haldia unit sale to Prakash Lohia of Indorama CorpThe Tatas are in advanced negotiations with Indian-born Indonesian billionaire Prakash Lohia of Indorama Corp to sell the Haldia unit on a ...
- Lohias of Indorama eye Kumar Mangalam Birla’s fertiliser arm Indo Gulf for $500-600 millionIndo Gulf is a division of Aditya Birla Nuvo, a diversified conglomerate of the Aditya Birla Group which itself is in the middle of a mega ...
- Amazon India considers investment in online food delivery startup SwiggyFounded by Sriharsha Majety, CEO, along with Rahul Jaimini and Nandan Reddy, Swiggy is regarded as one of stronger players in a market whic...
- TinyOwl mops up rs 100 crore from Matrix Partners India and existing investors Sequoia Capital, Nexus Venture PartnersTinyOwl’s co-founders are IIT-Bombay graduates Harshvardhan Mandad, Gaurav Choudhary, Saurabh Goyal, Shikhar Paliwal and Tanuj Khandelwal.
- SFIO probing Maytas account booksMaytas said the investigation would delay its quarterly results that were due by January 31. How to avoid a Satyam in your portfolio | Top ...
- Lenders now hold 25% in MaytasThe grip of the Raju family on Maytas Infra loosened substantially after nearly a quarter of the company shareholding, pledged by the promo...
- 10 Indian hostages released in NigeriaTen Indian citizens kidnapped early this month in volatile southern Nigeria have been released.
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