Chinese Asset Sentiment Shows Signs of Recovery
On January 17, Alibaba-W (09988.HK) spent 25.809 million USD to repurchase 2.438 million shares.
On January 20, Gelonghui reported that Alibaba-W (09988.HK) announced that on January 17, it spent 25.809 million USD to repurchase 2.438 million shares.
Focusing on the high-quality development of the platform economy, by 2025, Taobao and Tmall will announce 12 business-friendly measures.
On January 20, Taobao Tmall announced 12 measures for businesses by 2025 to reduce the cost burdens on merchants, help them create additional business increments, and comprehensively improve the business environment. Focusing on optimizing platform rules, strengthening business-friendly policies, and deepening the integrity system, Taobao Tmall provides various measures to protect merchant rights, combat "wool parties", and promote a win-win situation for merchants, consumers, and the platform, supporting the high-quality development of the platform economy. 1. Increase investment to support merchant growth 1. An investment of over 10 billion, promoting business growth for merchants. By 2025, Taobao Tmall will invest over 10 billion to directly assist merchants in various industries.
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