Food Deliveries

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Bloombergยท 2025-07-02 04:50
Market Strategy - Alibaba is allocating 50 billion yuan (approximately $7 billion) in subsidies to bolster its instant commerce operations in China [1] Business Focus - The subsidies target food deliveries and online retail sectors [1] Competitive Landscape - The move aims to enhance competitiveness amid intensifying competition in China's instant commerce market [1]