cnn 10 march 31 2020 transcript

By
August 1st, 2020

Category: top tourist destinations in the world


Starting in April, GMV growth of food delivery businesses turned positive as lockdown measures eased. When we talk about beauty, what we see is like skincare still remained very strong. So we're not just about providing cloud services, it's a combination of cloud plus intelligence. A replay of the call will be available on our website later today.Now, let me quickly cover the Safe Harbor.
Today the Alibaba digital economy remains strong and growing.Looking ahead, we will continue the same strategy of delivering robust revenue growth and sustainable profit growth. In other words one out of every two Chinese are buying our platform.780 million of annual active consumers in China account for around 85% and 40% of the Chinese population in developed and the less developed areas. All translations are for convenience purpose only. China commerce retail goods 21%; customer management revenue grew 3%. What do you think is a kind of more reflective of Consumer Health? The Ali Baba Foundation through combined efforts with Jack Ma Foundation and the Joe and Clara Tsai Foundation donated over 200 million units of personal protective equipment, testing kits and ventilators to over 150 countries and regions.In April 2020, we further announced the 2020 Spring Thunder initiative, which aims to help export-oriented SMEs to explore opportunities in the China domestic market through our China retail marketplaces and expand into new markets through our international, wholesale, and retail marketplaces such as alibaba.com and AliExpress; to develop digitalized manufacturing clusters, to accelerate the digital transformation of China's agriculture sector; and alleviate financing challenges faced by SMEs by working with Ant Financial and its partners.The battle against the COVID-19 pandemic is not over, although China has made good progress in fighting and controlling the spread of the coronavirus with most business reopening and the people returning to normal life, the threat of the pandemic is still looming in the rest of the world and the timing and the pace of recovery is still uncertain.At the same time tensions between the U.S. and China have added another layer of uncertainty to the post-COVID-19 world. We believe the pandemic will further accelerate digital transformation of enterprises. Back in February given the potential uncertainties of COVID-19 pandemic, we guided the market that our overall revenue growth rate would be negatively impacted for the March quarter and that some of the businesses, such as China retail marketplaces and local consumer services might show negative revenue growth.

I'd like to add in is a multi-engine approach.

In April, year-on-year growth of our food delivery GMV turned positive as lockdown measures eased, restaurants began reopening and people began returning to work in China.Alibaba Cloud continued its rapid growth in the past fiscal year with revenue reaching RMB40 billion, an increase of 62% year-on-year. So I would like to talk about our outlook, but before that I want to address the recent bill passed by the U.S. Senate called The Holding Foreign Companies Accountable Act.
However, as this is our earnings call, you are welcome to ask questions in Chinese or English. Do you think that is actually more effective through the commission rebate or merchants actually prefer more free traffic, and given recommended fee actually becoming quite effective for merchants? Jessica Martinez, Alison Roxby, Adam Schiff, Gabrielle Mayer

Please go ahead.Okay. So for the subsidy and preferential commission rate, these are two separate things, subsidy we are talking about like waving of merchants annual fee on the Tmall platform that's the core during the COVID-19, right, so how it's going to help them to go through this difficult time and this preferential commission rate is ongoing efforts that we have this practice also this year. Our next question comes from the line of Thomas Chong from Jefferies.

Joe Biden conducted a gaffe-filled interview on MSNBC, kicking off his media appearance by referring to the epicenter of the coronavirus by the wrong name. So we don't see a slowdown at all, we think the growth is good.We see this growth coming from several different areas. I'll start with the latter part of your question. Jason Dearen, Ashish Jha, Tony Evers, Vy Mai So for Ali Cloud, it's still growing strongly at 58%, and let's take a look at the March quarter cost trend. This is a significant firepower for our long-term growth.Okay.

Cray Shasta Specs, When Did Thomas Adams Died, 1930 D Wheat Penny, Blue Moon Tavern, Carl Blonsky Conviction, Ancient Finnish Religion, Brentford Charlton Prediction, Coast Australia Presenters, Boris Johnson Short Hair, Sergey Brin Yacht, Anadolu Efes Basketball, Ancestry Coupon Aarp, Cushion Plants Tundra Adaptations, Apple Cpu Architecture, Lankadeepa News Paper, Methodist Health System, Jaylen Samuels Dynasty 2020, Kwon Yul The King, Florence Flossie'' Osbeck, Summer Cake Decorating Ideas, Anjana Patel Mp, Big St Germain Lake, Davids Tea Semi Annual Sale Dates, Holiday Inn Dixon Road Directions, Salesforce Interview Process Reddit, Is Fargo A Comedy, Big Muskie, Hayward, Wi, Zillow Brookfield, Wi, Kramer Bursting Through Door, Sea Cuisine Cod Loins, Puerto Cortes Port, What Is Sean Spicer Doing Now, How Many Children Did Ethel Kennedy Have, Why Did Kosovo Want Independence, Timex Classic Watch, Jeff Big Brother 17, The Valleys Cast, Shaun Pye Twitter, The Good Wife Season 5 Episode 22, Cabana Bay Secrets, Nick Miller Julia, M21 Postcode Area, Saint-saƫns Organ Symphony Babe, Tradestation Leverage Ratio, Precipitate Chemical Reaction, World Record Lahontan Cutthroat Trout, Future Skills Vacancies, Vatican City Currency To Inr, Arris Router Reset, Merlin And Arthur Fall In Love Fanfiction, How To Embed A Gif In An Email Outlook, Tidily Cleverly Crossword Clue, Charles Schwab House Woodside, Matt Ryan Hall Of Fame Reddit, Sports Direct Strategy, Kevin Sumlin Salary Arizona, Clarivate Analytics Address, Custom Walleye Blades, Food Invented In San Francisco, July 1987 Calendar, Pes Refinery Hilco, Jumbo Jet Meaning, Indeed Amsterdam Office, Tyne And Wear Flag, How To Catch Kingfish Nz, Rising Sun Yacht Inside, Bloomberg Media Group, Mark Jones Comedian, Dutch Language Proficiency Test, Scotsman Obituaries Today, Siemens Apprenticeship Charlotte, Kevin Richardson Lions, Chippewa Flowage Map Pdf, Europe Heat Wave Deaths 2019, Dj Sneak Discogs, Kss Dividend Suspended, Salinas Valley John Steinbeck, Salford University Application Login, Sinhala News Papers Mawbima, 13 Fishing Musky Reel, Ms Subbulakshmi Nehru, Jonathan Ned Katz, New Districts In Uganda 2019,

no comments

Comments are closed.