Alibaba And JD.com Are Literally Paying The Price As China Delivery Wars Heat Up – Alibaba Gr Hldgs (NYSE:BABA), JD.com (NASDAQ:JD)
Alibaba Group Holding BABA and JD.com JD are now competing fiercely in instant retail, where items are supposedly delivered within 30 to 60 minutes. What Happened: Facing slowing growth and squeezed consumer budgets, Alibaba’s Ele.me and JD.com’s JD Takeaway each […]