As the growth of user scale and merchant

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relies on the e-commerce industry's mature infrastructure in supply, payment, and logistics and the platform's experience in operation and marketing methods. The mature e-commerce platforms of Duoduo and Meituan have formed a differentiated competitive landscape in both physical e-commerce and local life, redefining how e-commerce platforms can achieve scale effects for sustainable growth. The e-commerce industry is no longer a zero-sum game.  scale has peaked, the major differentiated development


platforms have made it impossible for the e-commerce industry to have a Malaysia Phone Number Data monopoly. No one can kill anyone. In addition, the interconnection policy With the promotion of e-commerce, there is naturally no choose one between platforms. Users and merchants can freely choose the e-commerce platform that suits them for shopping and operations. The new trend of the e-commerce industry: the rise of brands, the confidence to reverse the choice of one or the other The continued differentiated competition in the e-commerce industry and the promotion of interconnection





policies have not only completely ended the choose one, but also brought the e-commerce industry into a new competitive situation of competition and cooperation. The major e-commerce platforms are both competitive and cooperative, and will continue to increase cooperation in marketing, services, technology, data, finance and other aspects. In fact, Taobao and WeChat have been developing cooperation in the past three years. In addition to Taobao's full access to WeChat payment, Taote announced the launch of WeChat scan code payment function as early as the end of During last year, clicks on ads in Moments could jump directly to the Taobao App.