BRIEF: Surging instant retail lifts SF Intra-city profit by over 80%
Local delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699.HK) said on Sunday that it expects to report a profit of at least 238 million yuan ($34 million) for 2025,…
BRIEF: Taobao launches $7 billion subsidy in instant retail wars
E-commerce giant Alibaba (BABA.US; 9988.HK) announced on Wednesday that its Taobao Flash Sale instant retail platform has launched a 50 billion yuan ($6.97 billion) subsidy program that will run for…
Alibaba turns up its ‘instant retail’ game
The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant’s three-way “on-demand retail wars” with Meituan and JD.com Key Takeaways: Alibaba…
How did instant retail trigger China’s ‘second takeout war’?
China’s second takeout delivery war is underway — only this time it’s not just about your lunch, but about the entire instant retail market By Lee Shih Ta As…
