
Alibaba Accelerates Taobao Instant Commerce Launch, Heats Up Rivalry With JD.com, Meituan
In a strategic move, Alibaba Group Holding BABA has advanced the rollout of its rapid-delivery service, Taobao Instant Commerce. This accelerates the rivalry with JD.com JDand Meituan MPNGY. What Happened: The service, initially slated for a May 6 launch …