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Alibaba boosts instant commerce drive with US$281 million convenience store plan
scmp.com/tech/big-tech/article/3331175/alibaba-expands-instant-commerce-efforts-us281-million-taobao-convenience-store-push
Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will see a network of Taobao-branded convenience stores across China support the operations of the firm’s instant commerce and on-demand delivery business.
Rather than…
This story appeared on scmp.com, 2025-11-02 01:00:18.