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Alibaba is putting $7B in Taobao promotions as JD.com invests $1.4B to grow food delivery, with both offering discounts to become China's leading "everyday app" (Eleanor Olcott/Financial Times)
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Eleanor Olcott / Financial Times:
Alibaba is putting $7B in Taobao promotions as JD.com invests $1.4B to grow food delivery, with both offering discounts to become China’s leading “everyday app” — JD.com and Alibaba are luring shoppers with discounts in push to grab market share from rival Meituan
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