1 is Cainiao Network.

2 The reason why Alibaba acquired Cainiao Network is to strengthen logistics and delivery capabilities and improve the service quality and efficiency of e-commerce.

3 Cainiao Network is a company dedicated to building an intelligent logistics network, optimizing logistics operations through technology and data, and improving delivery efficiency and service levels. Alibaba's acquisition of Cainiao Network will help strengthen its competitiveness in the field of e-commerce logistics and provide better logistics services to consumers.

1 is Yahoo China.

2 Yahoo China is a well-known Internet company whose core businesses include portals, email, information, etc. The reason why Alibaba acquired Yahoo China is to further expand its influence in the Chinese Internet market, and at the same time, it can also use Yahoo China's resources and technical advantages to improve its competitiveness.

3 This acquisition also means that Alibaba will cover Chinese Internet users more comprehensively, and will also strengthen its layout in the field of mobile Internet and further improve the company's profitability.

1 is Taojiji.

2 The reason why Alibaba acquired Taojiji is that Taojiji has a huge user base and excellent social e-commerce technology, which can bring more users and technical support to Alibaba's e-commerce business.

3 By acquiring Taojiji, Alibaba can better expand the field of social e-commerce, improve user shopping experience and sales performance. At the same time, it can also promote Alibaba and Taojiji to cooperate to jointly explore new e-commerce models and promote industry development.

1 It is Cainiao Network.

2 There are many reasons for Alibaba to acquire Cainiao Network, including Cainiao Network's advantages in the logistics field and Alibaba's strategic intention to strengthen its own logistics capabilities.

3 The acquisition of Cainiao Network will also help Alibaba consolidate its position in the e-commerce market, while also promoting the development of the express delivery and logistics industry.

WorldFirst, March 8 news, Alibaba Group acquired the world's leading payment service provider WorldFirst for US$4.8 billion (approximately RMB 34 billion). WorldFirst is a company specializing in mobile payment and cross-border remittance services. Its services cover more than 200 countries and regions around the world, and its customers include individual and corporate users.

According to the Financial Technology Station of China Internet Network Information Center (FT.100EC.CN), after the acquisition, WorldFirst's business will be integrated with Ant Financial's Alipay and the international version of Alipay Wallet. This will make it easier for Alibaba to enter the European market. In addition, through WorldFirst's technology and services, Alibaba Group will also strengthen cooperation with cross-border e-commerce intermediary service companies.