Alibaba Merges Food & Travel into Core E-Commerce

  Published 1 year ago

Alibaba merges Ele.me and Fliggy into core e-commerce to streamline amid competition, economic challenges, and shifts to instant retail.

  • Strategic reorganization aims to enhance user experience and expand consumer-focused services.
  • Price wars and instant retail growth drive e-commerce giants to improve delivery speed.
  • Economic factors like property crisis and trade policies reduce Chinese shoppers' spending.

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