Search results for quick commerce
AI & Enterprise
Alibaba says it has finished early-stage AI investment and enters full commercialisation
Alibaba says it has moved beyond the early phase of artificial intelligence investment and entered full-scale commercialisation, positioning AI and cloud as its next core growth pillars. In a shareholder letter, Chairman Joe Tsai and CEO Eddie Wu call this a major inflection point for artificial general intelligence. The company cites a full-stack AI ecosystem and rising cloud and AI-related revenue as it accelerates a business reshuffle amid slower commerce growth.
Games & Commerce
GS25 expands 24-hour delivery via Coupang Eats nationwide
GS25 will expand its 24-hour delivery service through Coupang Eats to major regions nationwide. From May 19, the GS Retail-run chain will start 24-hour delivery at about 1,000 outlets outside parts of Seoul and Gyeonggi and some areas of six major cities. GS25 said late-night delivery sales at participating stores rose 42.7 percent in six months, prompting the expansion. Snacks, ice cream and noodles led late-night purchases.
AI & Enterprise
Baemin, Coupang Eats face rising profitability burden amid market share battle
South Korea\'s food delivery platforms are stepping up competition to secure users, increasing pressure on profitability. Baemin and Coupang Eats are expanding discount promotions, hiring riders and rolling out new services, while related spending rises. Data show Baemin retains the lead in monthly active users, with Coupang Eats narrowing the gap and Yogiyo shrinking. Companies are also pushing commerce and quick commerce initiatives to diversify revenue and bolster earnings.
-
Industry
E-commerce firms bet on beauty as new growth engine
-
Industry
Homeplus Express bid takes new turn as Mega MGC Coffee operator emerges
-
Games & Commerce
Quick commerce battle expands from delivery apps to hypermarkets and SSM
-
Games & Commerce
Kurly opens Kurly Now Seocho store, one-hour delivery in Seocho, Bangbae and Banpo
-
Games & Commerce
SSG.com sets out to become leading online grocery platform with delivery, quality, membership push
-
Games & Commerce
Quick commerce booms, blurring lines between convenience stores, supermarkets, e-commerce and delivery apps
-
Games & Commerce
GS25 launches single-serving pizza tailored for quick commerce with Baemin
-
Games & Commerce
Baemin Grocery & Shopping posts record monthly results in December, orders up 15.4 percent
-
Games & Commerce
SSG.com says BaroQuick orders jump 50 percent in a month, launches free delivery
-
Games & Commerce
Majang Livestock Market joins Baemin grocery and shopping service