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Jiang Fan: Our peers in the online food delivery industry are particularly excellent in terms of efficiency, and we are working hard to close the gap.

30/08/2025

During the analyst conference call for the quarterly financial report in June 2025, Jiang Fan, CEO of Alibaba's China e-commerce business group, mentioned that our competitors are doing very well in the food delivery industry, especially in terms of efficiency. We are working hard to narrow this gap. There is huge room for improvement in terms of efficiency for us.

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