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Alibaba doubles down on Taobao Instant Commerce with a $6.98 billion subsidy plan
Taobao Instant Commerce, Alibaba’s push into on-demand retail, unveiled a RMB 50 billion ($6.98 billion) subsidy initiative ...
Alibaba’s US$7 billion subsidy deepens China’s instant e-commerce war with JD.com, Meituan
Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion ...