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

Meituan introduced big subsidies for food and instant delivery orders after Taobao Flash Buy, previously known as Taobao ...

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

Daily orders surpassed 120 million on Meituan’s instant delivery service platform on Saturday; Taobao and JD.com also ...

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 ...

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The online retail platform of tech giant Alibaba announced on Wednesday that it will issue 50 billion yuan in subsidies for ...

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

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

Buying and holding quality stocks is one of the most efficient ways to build wealth. Three Motley Fool contributors believe ...

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