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Alibaba

Ele.me exec Han Liu detained by police amid supply chain probe Alibaba

Ele.me exec Han Liu detained by police amid supply chain probe

Han Liu, former CEO and current head of logistics at Alibaba’s food delivery arm Ele.me, was recently taken by police from the company’s Shanghai office over suspected misconduct involving supply chain kickbacks, according to Chinese media outlet Caixin. Ele.me said it uncovered potential criminal behavior during an internal investigation and…
bubmag
July 25, 2025
How Chinese giants are integrating resources to win on-demand battle Alibaba

How Chinese giants are integrating resources to win on-demand battle

A collage of the 3 food delivery brands in China: Meituan, Ele.me and JD.com Over the past few months, on-demand retail has reshaped China’s e-commerce landscape, intensifying competition among major retail players. Alibaba’s Taobao Instant Commerce has unlocked new growth opportunities by integrating multiple services, prompting the company to ramp…
bubmag
July 22, 2025
China’s food delivery wars taking a bite out of Alibaba’s, others’ profits Alibaba

China’s food delivery wars taking a bite out of Alibaba’s, others’ profits

China’s food delivery war rages on as the three big platforms, Alibaba, Meituan, and JD.com, vie to become the ultimate gateway for consumer spending in Asia’s largest economy. The battle ignited by JD heated up further over the weekend, with platforms announcing that both orders and users had reached record…
bubmag
July 22, 2025
New embedding model leaderboard shakeup: Google takes #1 while Alibaba’s open source alternative closes gap Alibaba

New embedding model leaderboard shakeup: Google takes #1 while Alibaba’s open source alternative closes gap

July 18, 2025 5:21 PM Image credit: VentureBeat with Imagen-4 Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Google has officially moved its new, high-performance Gemini Embedding model to general availability, currently…
bubmag
July 19, 2025
Meituan exec calls food delivery boom “mostly a bubble” amid subsidy battle with Alibaba Alibaba

Meituan exec calls food delivery boom “mostly a bubble” amid subsidy battle with Alibaba

Food delivery giant Meituan has shown its ability to defend its moat advantage in local services. Credit: Meituan In less than 100 days, China’s food delivery landscape has been reshaped by an intense subsidy war, with JD.com and Alibaba together pledging a staggering RMB 80 billion (around $11 billion) to…
bubmag
July 18, 2025
Aftermarket Automotive Parts Retailer Market Is Booming Worldwide | Advance Auto Parts1A Auto AutoZoneRock AutoAlibaba Group HoldingJC WhitneyBuyAutoPartsChinabr, Alibaba

Aftermarket Automotive Parts Retailer Market Is Booming Worldwide | Advance Auto Parts1A Auto AutoZoneRock AutoAlibaba Group HoldingJC WhitneyBuyAutoPartsChinabr,

Global Aftermarket Automotive Parts Retailer Market, Outlook, and Forecast 2025-2032 is the latest research study released by “Market Statistix” evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of…
bubmag
July 16, 2025
Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions Alibaba

Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions

Business Home » Business » Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions Powered by Gloria | Edited by Vivian Nguyen Jul. 10, 2025 The Chinese tech giant aims to expand its global reach with the new integration. Key Takeaways Ant…
bubmag
July 10, 2025