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Alibaba Accelerates Taobao Instant Commerce Launch, Heats Up Rivalry With JD.com, Meituan
Friday, May 2, 2025 - 9:33am | 601In a strategic move, Alibaba Group Holding (NYSE:BABA) has advanced the rollout of its rapid-delivery service, Taobao Instant Commerce. This accelerates the rivalry with JD.com (NASDAQ:JD)and Meituan (OTC: MPNGY). What Happened: The service, initially slated for a May 6...
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Alibaba Launches 'Instant Commerce' Rapid-Delivery To Compete With Chinese E-Commerce Rivals
Wednesday, April 30, 2025 - 11:27am | 368Alibaba 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...
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Chinese Brands Are Taking The Global Economy By Storm
Monday, June 17, 2019 - 3:05pm | 589Chinese stocks have taken a big hit from the trade war, with the iShares FTSE/Xinhua China 25 Index (NYSE: FXI) down 13.8% in the past year. While Chinese investors are enduring a near-term dip in the stock market, Chinese brands are growing like wildfire on the international front. BrandZ recently...
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Tim Cook Just Completed A Tour Of China, Met With Didi Chuxing's President
Monday, May 16, 2016 - 9:22am | 245Apple Inc. (NASDAQ: AAPL)'s CEO Tim Cook's visit to China is underway, and early reports are giving a glimpse of what he is doing in the country and who he is meeting with. According to CNBC's Eunice Yoon, Cook visited one of Apple's largest stores in Beijing and was accompanied with Didi Chuxing...