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From:
news.futunn.com
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The financial report reveals the performance of Taobao's flash sales: a victory for rational competition.
https://news.futunn.com/en/post/61432964/the-financial-report-reveals-the-performance-of-taobao-s-flash
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Forboth Taobao Flash Sale and Meituan, this represents an opportunity to re-establish moat barriers as well as a new testing ground for validating the resilience of the business ecosystem.
