Alibaba is putting $7B in Taobao promotions as JD.com invests $1.4B to grow food delivery, with both offering discounts to become China's leading "everyday app" (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Alibaba is putting $7B in Taobao promotions as JD.com invests $1.4B to grow food delivery, with both offering discounts to become China's leading “everyday app”  —  JD.com and Alibaba are luring shoppers with discounts in push to grab market share from rival Meituan

from Techmeme https://ift.tt/9OwERTs