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Jack Ma Requests Taobao Instant Commerce to Stabilize at 80M Orders: Report
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Amid intense competition among Chinese e-commerce platforms, Jack Ma, founder of BABA-W (09988.HK) (BABA.US), requested last weekend Taobao Instant Commerce to stabilize at 80 million orders, Chinese media reported.

In addition, media reports are saying that Alibaba is planning to launch a promotional event named "Super Saturday" every Saturday over the next 100 days.

Related NewsUBS: Regulators Urge E-commerce Platforms to Rectify Involutionary Practices; Weaker Competition to Boost Shr Prices

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