Ele.me

Alibaba Group Holding Ltd. (NYSE:BABA) launched a new rapid-delivery feature on its Taobao shopping platform on Wednesday to compete in China's fast-growing on-demand delivery market against rivals like JD.com Inc. (NASDAQ:JD) and Meituan.  The new “instant commerce” tab appeared on...

China began phasing out its one-child policy last year, but the aftermath of roughly 35 years of single-child families has completely shifted the structure of the modern Chinese household. According to Bloomberg, the number of single-resident Chinese households has skyrocketed in recent years. As...