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The Taobao figures were released a day after rival Meituan reported record orders for its instant delivery service.
Apple's smartphone sales in China grew for the first time in two years, signaling a rebound in the market, but not enough to dethrone local rival Huawei.
Major players in China’s on-demand delivery sector have burned over US$4 billion in the second quarter of 2025, according to estimates from Nomura, as they put priority on winning or consolidating ...
Meituan introduced big subsidies for food and instant delivery orders after Taobao Flash Buy, previously known as Taobao ...
biomedical and photovoltaic sectors declining this morning. By midday, the HSI was down 107 points or 0.4 percent at 23,808, with main board turnover exceeding HKD 109.5 billion. The Hang Seng China ...
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