Alibaba's new 'instant commerce' portal passes 40 million daily orders
Chinese ecommerce giant Alibaba announced that its new Taobao Instant Commerce portal has surpassed 40 million daily orders within a month of launch. Integrating Ele.me’s merchants into Taobao, the service delivers items within 60 minutes, reflecting a wider trend among Chinese platforms investing heavily in rapid “instant retail” solutions.
Chinese ecommerce giant Alibaba announced that its new Taobao Instant Commerce portal has surpassed 40 million daily orders within a month of launch. Integrating Ele.me’s merchants into Taobao, the service delivers items within 60 minutes, reflecting a wider trend among Chinese platforms investing heavily in rapid “instant retail” solutions.
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