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BABA-W's Taobao Instant Commerce, Ele.me Daily Order Volume Surpasses 80M, New Record
BABA-W (09988.HK)(BABA.US)'s e-commerce platforms Taobao Instant Commerce and Ele.me jointly announced that their daily order volume busted above 80 million orders, setting a n...
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BABA-W's Taobao Instant Commerce, Ele.me Daily Order Volume Surpasses 80M, New Record
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BABA-W (09988.HK)  +0.300 (+0.264%)    Short selling $1.71B; Ratio 15.246%   (BABA.US)      's e-commerce platforms Taobao Instant Commerce and Ele.me jointly announced that their daily order volume busted above 80 million orders, setting a new record (excluding self-pickup and zero-cost orders).

The daily active users (DAUs) reached 200 million, up 15% WoW, and the order punctuality rate remained stable at 96%.

Related NewsG Sachs Recommends Overweight in CN Mkt, Predicts 14% Potential Rise in MSCI China Index, Favors Selected Private Enterprises/ AI Shrs
Taobao Instant Commerce officially launched a subsidy plan totaling RMB50 billion at the beginning of this month.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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