Chinese language e-commerce leaders brush off regulatory danger to proceed prompt retail worth warfare

[ad_1] Instantaneous retail rising quicker than standard e-commerce Alibaba, JD.com, Meituan pledge $28 billion to subsidise prompt retail Regulators involved about deflationary strain, meals waste By Casey Corridor and Sophie Yu SHANGHAI/BEIJING, July 25(Reuters) – China’s largest e-commerce platforms present no indicators of halting an “prompt retail” worth warfare uncommon in its resilience to state … Read more

Enterprise e-commerce rides quick commerce wave, but credit challenges remain

[ad_1] Tiger Global-backed unicorn Moglix, which supplies industrial tools and equipment, now delivers more than 10,000 stock-keeping units (SKU) by the next day, within a few months of rolling out quicker deliveries. This is in contrast to its previous timeline of 96 hours prior to August 2024, according to its founder and chief executive Rahul … Read more