Alibaba International Station kicks off the September Global Procurement Festival, with cross-border live broadcasts exceeding 10,000 in a single day. What do you think of this?

I think the current trade is still relatively prosperous, and now people are more accustomed to online shopping, especially in the context of the epidemic, people stay at home and prefer online shopping, so in fact online shopping is It only increases but never decreases. It has not been affected by the epidemic. But you can see from these live broadcasts that the number of people in each live broadcast is full, and the sales are also very amazing. So in fact, Internet companies are profitable in the context of the epidemic. And the more they are under the background of the epidemic, the more profitable they are.

But these Internet companies have now learned to keep a low profile, because if they were high-profile, more attention would be directed at them. They are also afraid that they will be found guilty of something wrong. So now they don't announce their sales at all. Because they feel that being high-profile will definitely bring them some unexpected disasters.

Alibaba has also been deprived of the preferential treatment for Internet companies because they are engaged in financial business, but they hold the tax reduction quota for software companies. So they canceled their preferential policy, so they became a lot more low-key. And some things happened within their company, such as a female employee of Alibaba reporting that her superior had violated her. This has had a great impact on Alibaba's corporate image. Originally, it was a tall and innovative Internet company. But suddenly it turned into a malicious capitalist enterprise. So now people are still quite hostile towards him. So they kept a low profile.

But no matter how low-key they are, they do have great advantages in Internet shopping. Because they are the earliest Internet shopping platform in China. Although other shopping platforms later joined in to compete with them. But they are not as powerful as them. One is that their technology is absolutely advanced, and their capital is strong enough to continue to invest and provide users with discounts. That’s why they can become bigger and stronger.