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Alibaba's Wu Yongming: Substantial Investment in Instant Retail Delivers Swift Outcomes
2025-08-29 /
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Author：小编
Alibaba Group has unveiled its financial report for the second quarter of 2025, where CEO Wu Yongming announced that the company's strategic investment in instant retail has borne fruit, evidenced by record-breaking monthly active users and daily order volumes. According to the report, bolstered by Taobao Flash Sales, the Chinese e-commerce giant's customer management revenue surged by 10% year-on-year, reaching RMB 89.252 billion, surpassing all expectations. Notably, during the first three weeks of August alone, the monthly active user base of the Taobao App expanded by an impressive 25%.
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