1WANGMingqiang,PresidentofAliExpressSeptember23-24,2019Hangzhou,ChinaAliExpress-InternationalRetailPlatform010203WhatisAliExpressWhatisUNIQUEaboutAliExpressWhatistheFUTUREforAliExpress2+BN+US$12340123456789012301231234590Countries&Regions(1)Ageunder35yearsold(2)%+AnnualPaidGMV(1)56789789M+AnnualActiveConsumers(1)Notes:1.ForthetwelvemonthsendedAugust31,2019.2.AgeofAliExpressusersforthetwelvemonthsendedAugust31,2019.TheLeadingCross-BorderB2CExportPlatform3DiverseCountriesandCategoriesPopularCategoriesinTop10Countries(2)Notes:1.CountriesrankedbyGMVforthelasttwelvemonthsendedAugust31,2019.2.OneofthetopthreecategoriesbyGMVineachcountryinAugust2019.Top10CountriesByGMV(1)PolandIsraelMobilePhoneCases&CoversT-ShirtsHairBundleswithClosureUSAMobilePhonesRussiaVacuumCleanersSpainDiamondPaintingCrossStitchesNetherlandsBrazil4RussiaUSAFranceSpainBrazilNetherlandsIsraelPolandUKSouthKoreaUKLaceWigsSouthKoreaRemoteControlToysDressesFranceQuartzWristwatches010203WhatisAliExpressWhatisUNIQUEaboutAliExpressWhatistheFUTUREforAliExpress5CoreElementsofAliExpressSupplyOperationGovernanceInfrastructureTechnologyBUSINESSELEMENTSVALUEPROPOSITIONSValueforMoneyBroadProductSelection642.6℃OfferValueForMoneyProductsNotes:1.OnJuly25,2019.2.SmallfansGMVYoYGrowthcomparingMay1-July31of2018to2019inFrance.ShortenedSupplyChainWholesalerExporterImporterRetailerConsumersManufacturersWholesalerTraditionalSupplyChainHighestTemperatureinEurope(1)+450%YoYSmallFansGMVGrowth(2)CASESTUDY7CoolPartyDecorationForFamilyInItalyBroadProductSelectionsforDifferentLifestyles5DaysDelivery7+MetersHigh1,000+EurosCASESTUDY8MostPowerfulSupplyChainTheOnlyCountryCoveringAllManufacturingIndustriesComputers(1)90%Wigs(2)80%Phones(1)90%Toys(3)75%92.5+BillionProductlistings(4)8.7+MillionSellers&Manufacturers(4)Notes:1.People'sDailyOnline,'Chinaremainsworld’slargestproducer,consumer,exporterofconsumerelectronics'(2019)2.ChinaChamberofCommerceforImport&ExportofLightIndustrialProductsandArts-Crafts(2018).3.Economist,‘Chinaisstilla...