…Alibaba = ‘New Retail’ Vision Starts in China …Alibaba’s marketplace platforms handle billions of transactions each month in shopping, daily services & payments. These transactions provide us with the best insights into consumer behavior & shifting consumption trends. This puts us in the best position to enable our retail partners to grow their business. …Alibaba is a deep technology company. We contribute expertise in cloud, artificial intelligence, mobile transactions & enterprise systems to help our retail partners improve their businesses through digitization & operating efficiency. …Alibaba has the most comprehensive ecosystem of commerce platforms, logistics & payments to support the digital transformation of the retail sector. Alibaba CQ1:18 & CQ4:17 Earnings Calls, 5/4/18, 1/24/18. 93