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Ali's Letter to Shareholders: Instant Retail Has Become a Core Strategic Pillar for Taobao and Tmall
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Author：小编
On May 20, Alibaba Group Chairman Joe Tsai and Chief Executive Officer Eddie Wu jointly released a letter to shareholders, stating that instant retail has become a core strategic pillar for the upgrade of the Taobao and Tmall platforms. The letter to shareholders pointed out that instant retail utilizes AI-driven approaches to acquire new users, enhance user stickiness, meet diverse consumer demands, increase transaction volume, and elevate commercialization levels, holding strategic significance.
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