So I think this is also the goal of our efforts. I would like to add a little more to AI. Maybe you were in the question just now, and you were more concerned about the efficiency of advertisements and platforms. In fact, today, the logistics supply chain, including what I said just now, How can local living areas make the demand in a time window, in a place, for the organization of demand, the match of the user's attack and the match of the travel ability, and the navigation. This is actually a new scene for AI. So in these aspects, we are all actively working to make it a new business ability.

Feb 23, 2023 / receipt, needs a key / Daniel, CEO | earnings call 2023-02-23 | transcript 50cd38e1-c623-4a09-a1d3-d9f9d17056e3 | chars 55814-56416 | segment 57

From January to early February of this year, overall sales of online physical goods remained weak, and our China commerce continued to be highly impacted due to COVID cases as well as people traveling home or to other places during the spring festival holidays.

Feb 23, 2023 / receipt, needs a key / Daniel Zhang, CEO | earnings call 2023-02-23 | transcript 50cd38e1-c623-4a09-a1d3-d9f9d17056e3 | chars 4343-4604 | segment 4

Toby Hong XU | 53 | Chief Financial Officer

filing / May 20, 2026 / receipt

Jane Fang JIANG | 52 | Chief People Officer

filing / May 20, 2026 / receipt

Sara Siying YU | 51 | General Counsel

filing / May 20, 2026 / receipt

Fan JIANG | 40 | Chief Executive Officer, Alibaba E-commerce Business Group

filing / May 20, 2026 / receipt