Alibaba Bets $281 Million on 'Delivery in 30 Minutes' Revolution

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2025.11.03 08:49
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Alibaba is investing $281 million to enhance delivery services, aiming for 'one-stop, 24-hour, and 30-minute delivery' across 200 cities in China. The initiative supports local stores with inventory management and branding through Taobao. This follows the success of Taobao Shangou, which serves 300 million users monthly. Analysts are optimistic about Alibaba's stock, with a Strong Buy consensus and a price target suggesting a 12.94% upside.