Taobao Now
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Taobao Flash Deals: SMEs Report 140% Sales Boost on Day One of 50 Billion Yuan Subsidy Launch
Alibaba’s Taobao Now launched a 50-billion-yuan subsidy program, boosting consumer spending and merchant growth. Early data shows significant increases in orders for food and beverage categories, as well as retail products. This year-long initiative aims to invigorate urban service consumption and provide substantial benefits to both consumers and businesses, fostering a new integrated e-commerce and service ecosystem.
