69 h. ago Alibaba’s US$7 billion subsidy deepens China’s instant shopping battle

Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion yuan (US$7 billion) over the next 12 months for both consumers and merchants, intensifying the fierce competition in China’s on-demand delivery sector, where JD.com and Meituan are also major players. Consumers using Taobao’s in-app Shangou service, the instant commerce business of Alibaba, will enjoy significant incentives, including cash vouchers, free purchase coupons,...

Economics

3 d. ago Title: China Vows to Rein In Intense Competition | The China Show 7/2/2025

Title: China Vows to Rein In Intense Competition | The China Show 7/2/2025  Bloomberg.com

Politics

3 d. ago China Vows to Rein In Intense Competition, Build Unified Market

China Vows to Rein In Intense Competition, Build Unified Market  Bloomberg

Politics

6 d. ago Alibaba unveils new AI model for more precise image creation

Alibaba Group Holding has launched a new artificial intelligence (AI) model, Qwen VLo, said to be capable of generating and editing images with a finesse akin to that of a human artist, intensifying the competition in multimodal models as the tech giant seeks to redefine itself as an AI leader. Released on Friday, Qwen VLo was a “comprehensive upgrade” from previous models like QwenVL and Qwen2.5 VL, the company said. It could better understand input and create more precise images, accommodate...

Politics

2 w. ago Meituan keeps tight grip on 70% of food delivery market in China, report says

Meituan, the Chinese on-demand delivery giant, is maintaining a steady hold on its 70 per cent market share in domestic food delivery, despite intensifying competition from JD.com and Alibaba Group Holding’s Ele.me, as daily orders reached 90 million in recent days, according to a report by Chinese tech media outlet Leiphone.com, citing internal data. Meituan did not comment on the report. If confirmed, it would show the challenges Meituan’s rivals face in changing consumer habits, after a price...

Society

2 w. ago China’s economic data, PLA’s patrols in disputed waters: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. The US-China rivalry is reshaping global supply chains – who benefits most? Supply chain competition between China and the United States is set to intensify over the next five years, with eight developing countries – including four in the Association of Southeast Asian Nations (Asean) – poised to benefit from the relocation of manufacturing from China,...

Economics

3 w. ago China’s top drone maker DJI comes down to earth with launch of robotic cleaner

Chinese drone giant DJI is expected to launch a vacuum cleaning robot in a move set to intensify competition in the country’s crowded robotic cleaner market, according to a report by the state-backed financial newspaper China Securities Journal, citing internal sources. Shenzhen-based DJI will introduce a combination vacuum cleaner and mopping robot this month, a project that has been under development over the past four years, according to the report. The product is called DJI ROMO, according...

Events