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 ...

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

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

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.