The Taobao figures were released a day after rival Meituan reported record orders for its instant delivery service.

Taobao Instant Commerce, Alibaba’s push into on-demand retail, unveiled a RMB 50 billion ($6.98 billion) subsidy initiative ...

The online retail platform of Chinese tech giant Alibaba announced Wednesday that it will issue $7 billion in subsidies for ...

Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion ...

Alibaba showed cloud and AI momentum with Qwen3 and Apple ties, but margin pressure and fair valuation temper upside. Learn ...

After a long, challenging period, Chinese e-commerce giant Alibaba (NYSE: BABA) has staged an impressive rebound in 2025; yet ...

Alibaba Group Holding Ltd. elevated e-commerce head Jiang Fan while trimming the members of a longstanding leadership body, ...

E-commerce remains BABA's top growth driver, with Taobao, Tmall and global platforms fueling its strategy shift.

Alibaba Group Holding Ltd is offering 50 billion yuan ($7 billion) of subsidies for food deliveries and online retail to ...

Alibaba Group Holding Ltd is offering 50 billion yuan ($7 billion) of subsidies for food deliveries and online retail to ...

Alibaba's online retail platform, Taobao, is set to issue $7 billion in subsidies to stimulate sluggish spending over a ...

Beijing is battling to stave off deflationary pressure, which has threatened to dampen economic growth even as challenges ...