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Alibaba Doubles Its Commitment to Ai and Fast Trade After a Quarter Burdened by Weak Consumption
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Growth in the December Alibaba quarter faced considerable challenges due to weak macroeconomic consumption, a warm winter and the late date of Chinese New Year this year. Due to the longer promotional period, our spending on consumer incentives was higher than in previous years. In this regard, Alibaba has implemented its plan to further expand its fast-trade business, improve user experience and optimize operational efficiency, intensifying eff…
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