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Alibaba Fan Jiang Confident in Improvement of Cross-border Biz in Next Few Mths
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BABA-W (09988.HK)(BABA.US)'s Alibaba International Digital Commerce Group (AIDC) CEO, Fan Jiang, said at the financial report briefing that Alibaba's e-commerce business in China has been insisting on continuous innovation and optimization of the user experience, which has raised user stickiness, and insisting on optimization of the operational efficiency of merchants, with the long-term goal of stabilizing its market share. As for the international business, he said, it covers To B business, cross-border business, and local platforms. Specially, To B business will be more stable in the next few years and bring lucrative profits, whereas To C business and cross-border business are also constantly optimized. The CEO is confident that the entire cross-border business will see improvement in the next few months. AAStocks Financial News |
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