Lates News

During the analyst conference call on the quarterly financial report in June 2025, Alibaba China's e-commerce business group CEO Jiang Fan stated, "Since the launch of Taobao Flash Sale four months ago, I believe we have been very successful in terms of user, merchant, operation, logistics construction, and marketing. Especially starting from July, we have exceeded our expectations in terms of order volume, users, merchant supply, and transportation capacity. Just looking at the market share of food delivery orders, we are already industry leaders." (Sina Tech)