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Alibaba

Alibaba’s ‘instant commerce’ venture crosses 40 mn daily orders: All you need to know Alibaba

Alibaba’s ‘instant commerce’ venture crosses 40 mn daily orders: All you need to know

The achievement is Alibaba’s latest in China’s rapidly evolving “instant commerce” market– where items ranging from groceries to electronics are delivered in as little as 1 hour read more Alibaba Group Holding Ltd. said Monday (May 26) that its new Taobao Instant Commerce platform has exceeded 40 million daily orders…
bubmag
May 26, 2025
Police condemn ‘mindless act’ after footballer hit by missile thrown by own fans Alibaba

Police condemn ‘mindless act’ after footballer hit by missile thrown by own fans

Police have condemned a “mindless act” of violence after a football player was seriously injured by part of a chair hurled from the stands at Dundee United’s stadium. Aberdeen FC player Jack MacKenzie was struck by the object thrown from a section of Tannadice holding Aberdeen fans after the match…
bubmag
May 17, 2025
Alibaba shares fall after Q4 earnings miss expectations despite AI and e-commerce growth Alibaba

Alibaba shares fall after Q4 earnings miss expectations despite AI and e-commerce growth

We “stepped on our own foot” in recent years, admits Alibaba chairman Joe Tsai. Credit: 123RF Alibaba shares dropped 7.6% on Thursday after the company missed analyst expectations for both revenue and net income in its fiscal fourth quarter, ending in March. The Chinese e-commerce giant reported revenue of RMB…
bubmag
May 16, 2025