Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Alibaba and JD.com invest billions in fast delivery to dominate China's instant retail market.

flag Alibaba and JD.com are heavily investing in fast delivery services to compete in China's instant retail market, offering deliveries in 30 to 60 minutes. flag Both companies have pledged billions in subsidies to attract consumers with discounts, with JD.com's JD Takeaway and Alibaba's Ele.me each committing 10 billion yuan. flag This move is seen as crucial for growth, especially for JD.com, whose traditional e-commerce business is stagnating. flag Despite the high costs, the companies aim to boost sales of higher-margin goods by leveraging their existing delivery infrastructures.

14 Articles

Further Reading