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Ele.me: Biz Scale of Chain Brands in East CN Mkt Grows 2x After Launching Taobao Instant Commerce in May
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Lin Fanxu, General Manager of the East China Region at KA, the brand center of BABA-W (09988.HK)'s Ele.me, revealed at an event that, since the full launch of Taobao Instant Commerce in May, the overall business scale of chain brands in the East China market increased by 200%, according to Chinese media. The actual amount received of stores doubled, while the number of monthly '10,000-order stores' surged by 37x YoY. Utilizing refined operational strategies and other tools, the platform brought a 160% incline in new customer scale and an 80% increase in orders from existing customers. AASTOCKS Financial News Website: www.aastocks.com |
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