Alibaba is investing $7 billion in Taobao promotions, while JD.com is pouring $1.4 billion into expanding its food delivery service. Both giants are offering heavy discounts and subsidies to attract users and become China’s leading “everyday app,” aiming...

Our #DigitalEconomy has experienced several rapid waves of evolution. It began with Dotcom companies, where over exuberance saw fortunes lost when the tech b...