Alibaba: ‘Instant Commerce’ Market Could Draw ‘Every Person in China’

pymnts.com/news/ecommerce/2025/alibaba-instant-commerce-market-could-draw-every-person-in-china

Last month, Chinese tech conglomerate Alibaba debuted a fast delivery service it dubbed “instant commerce.”
On the company’s earnings call Thursday (May 15), analysts wanted to know: Why now, especially given recent intensification in the food delivery space?
Fan Jiang, CEO of the…

This story appeared on pymnts.com, 2025-05-15 17:10:18.
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