New York-listed Alibaba Group Holding expects revenue growth for its current financial year to March to hold above 60 per cent, as the Chinese hi-tech giant expands beyond e-commerce and pushes deeper into growth markets such as Southeast Asia. Photo: Agence France-Presse

Alibaba steps up push into on-demand local services as overseas expansion intensifies

Investments in Ele.me will expand the Shanghai-based subsidiary’s business beyond transporting meals to consumers into other on-demand services

Topic |   Alibaba

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New York-listed Alibaba Group Holding expects revenue growth for its current financial year to March to hold above 60 per cent, as the Chinese hi-tech giant expands beyond e-commerce and pushes deeper into growth markets such as Southeast Asia. Photo: Agence France-Presse
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