Why is Trump imposing 35% tariffs on Canadian goods?
How did Nvidia reach a $4 trillion market cap?
What impact do Trump's tariffs have on Brazil's economy?
Why are Indeed and Glassdoor cutting jobs amid AI shift?
How will Ferrero's Kellogg acquisition affect the cereal market?
What causes the recent surge in Bitcoin prices?
How is AI changing the streaming industry with Amazon Prime Video?
Alibaba risks deepening $100 billion rout as turf war heats up
fortune.com/asia/2025/07/11/alibaba-food-delivery-jd-meituan
A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight for damage to profits and investor confidence.
Its Hong Kong-listed shares plunged 28% from a March high through Thursday, nearly double the…
This story appeared on fortune.com, 2025-07-11 06:31:15.