Alibaba doubles down on Taobao Instant Commerce with a $6.98 billion subsidy plan

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Taobao Instant Commerce, Alibaba’s push into on-demand retail, unveiled a RMB 50 billion ($6.98 billion) subsidy initiative on July 2. Over the next 12 months, the platform will roll out large consumer incentives including vouchers, free-order cards, and subsidized fixed-price items, alongside merchant-focused measures such as store subsidies…
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作者 gocpmall