Alibaba has always been at the forefront of business innovation, and with the return of founding teams such as Jack Ma, business layout and the food delivery war can be included in textbooks. From the original loose Ali to an Ali, there are still many cards to be played, and I have sorted out some of them. Investment in Meitu: Convertible bond investment, AI fitting, product image generation and other tools integrated into the Taobao ecosystem, Meitu adopts Alibaba's big model. Meitu itself also requires Alibaba's computing power resources, and Alibaba needs Meitu's ability in image processing Focus Media: Strategic investment has been made for a long time, and in the past two months, elevator advertising has been equipped with a touch device, allowing ads to directly reach the page. To turn display ads into effect ads, the cooperation model with Alibaba is commission sharing. Alibaba gives red envelopes, and if users use the red envelopes to purchase, Focus Group will receive a commission. Afterwards, it can be extended to other Taobao merchants, and the offline advertising network can be combined with Alibaba's big data to improve advertising accuracy. Touch and pay: subsidy every weekend, compared to scanning code payment, after using it once, it cannot be returned, and payment can be completed within 3 seconds. Provided merchants with improved efficiency and deep digital operations, doubling rewards for multiple in store visits. After the user touches the red envelope and consumes it, the merchant also receives a profit sharing reward, which can result in lower capital accumulation and more user outreach. Taobao flash purchase: With sufficient summer transportation capacity, we launched an attack and increased our market share from 20% to 50%. Our rider team, sinking market, local life debt to asset conversion, brought tens of millions of daily activities to Taobao, achieving multiple goals in one fell swoop. Even better, when launching the food delivery war, Meituan had already lost 90% of its profits to JD.com due to favorable timing, location, and people. Gaode Map: The Street Sweeping List will never be commercialized, and the target is Dianping. Gaode has 150 million daily active users and Dianping has 30 million daily active users. Google Maps has been very successful in its restaurant review model overseas. AI: Currently, it is the best open source model in China, with AI related product revenue growing in triple digits for eight consecutive quarters, and Alibaba Cloud growing by 26%, which has considerable growth potential. Quark AI has a monthly active life of 156 million, ranking first in domestic AI applications.