Freshippo

New Business

China’s grocery giants use Aldi tactics to lure frugal shoppers

The cheap croissants and no-name detergents that power discount grocers in the US and Europe are now filling shelves in…

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New Business

Alibaba tops Meituan’s China on-demand delivery, fuelled by 1 million cups of tea daily

Orders on Alibaba’s instant commerce channel Taobao Shangou topped 100 million on Thursday, 20 million fewer than Meituan. After Meituan…

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New Business

Alibaba seeks to reclaim e-commerce dominance in China with cross-service loyalty scheme

Alibaba Group Holding is set to launch a new membership programme spanning a range of services from an online marketplace…

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New Business

E-tail giants to help China’s tariff-hit exporters pivot to home market

Major players including JD.com and Freshippo have launched initiatives to help trade firms that would normally export their products to…

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New Business

Alibaba’s supermarket Freshippo records 9 straight months of profit, CEO says

Freshippo, Alibaba Group Holding’s grocery chain known as Hema in its home market, was profitable for nine straight months in…

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