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Taobao Instant Commerce and Ele.me announced that their combined daily orders have surpassed 80 million, including over 13 million non-restaurant orders, with daily active users exceeding 200 million. The surge sparked a rally in Hong Kong-listed tea beverage stocks, even as shares of major platforms fell…
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Taobao Instant Commerce and Ele.me orders top 80 million a day; tea stocks rally while platform shares slip
Shuang Jing
12:26
Taobao Instant Commerce and Ele.me announced that their combined daily orders have surpassed 80 million, including over 13 million non-restaurant orders, with daily active users exceeding 200 million. The surge sparked a rally in Hong Kong-listed tea beverage stocks, even as shares of major platforms fell…
