Alibaba Held Investor Day Conference In Hangzhou: It Is Estimated That The Transaction Volume Will Double To RMB 6 Trillion In Fiscal Year 2020
yesterday, Alibaba The investor day conference was held in Hangzhou, and Ali's senior management made a collective appearance after listing for the first time. Ali announced that its transaction volume is expected to double to 6 trillion yuan in the fiscal year 2020.

At the Investor Day Conference, Alibaba's senior management team, including Ma Yun, made a collective appearance to introduce the company's latest business development and strategic objectives to more than 200 global institutional investors and analysts.
Zhang Yong, CEO of the Group, said that by 2020, the whole platform sale The amount will reach 6 trillion yuan. To this end, Ali has expanded its customer base in the international market, expanded the categories of cars, local life and digital products, built a solid buyer base in the investment village, and actively invested in young people and emerging markets market All these developments will be supported by online marketing, payment, logistics and big data cloud computing, which will transform the aggregation of all Alibaba's businesses into a new industrial ecosystem.
Ma Yun once again stressed that Ali would "make every effort to combat counterfeits".
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