Alibaba's same-day grocery trial opens up new market

With the Wal-Mart-backed Yihaodian seeing its founders fired, Alibaba has taken the opportunity to promote its own grocery delivery business by trialling its same-day delivery service in Beijing this week, in a bid to take market share from the Wal-Mart- backed platform. With Q2 earnings to be released on August 12, management should be willing to discuss the pilot program, and whether it will be extended permanently and into other cities.

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