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27 May 2025

Alibaba touts rapid growth in fast-delivery service in heated race with Meituan, JD.com

Alibaba touts rapid growth in fast-delivery service in heated race with Meituan, JD.com

Chinese e-commerce giants Alibaba Group Holding, Meituan and JD.com are intensifying their costly rivalry in the on-demand fast-delivery sector, with each touting significant gains in user base and order volume. Alibaba, owner of the South China Morning Post, saw combined daily orders on its freshly launched Taobao Instant Commerce initiative and Ele.me food delivery service […]

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Beijing asks carmakers, trading platforms to clean up used-vehicle market amid price war

Beijing asks carmakers, trading platforms to clean up used-vehicle market amid price war

Beijing has stepped in to monitor the trading of used cars as mainland China’s automotive sector, saddled with overcapacity, is under pressure to improve profitability amid an escalating price war. On Tuesday afternoon, the Ministry of Commerce gathered industry groups, major carmakers and trading platforms for second-hand cars to discuss issues surrounding the sale of

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