Xin Hua Cai Jing·2025-08-05 14:28Core Viewpoint - Alibaba Group's Vice President Xiang Huangmei stated that new service e-commerce will become a new engine for driving domestic demand [2] Group 1: Investment and Strategy - Alibaba plans to invest 380 billion yuan in AI research and development over the next three years [2] - The company will invest 50 billion yuan within a year to create a new service e-commerce platform, aiming to replicate a "service industry Taobao" [2] - Alibaba aims to establish a sustainable market order and a new consumption ecosystem [2] Group 2: Consumer Trends - There are two notable new consumption trends identified from the instant consumption phenomenon: 1. Strong demand for instant consumption, with 61% of "Generation Z" consumers wanting goods and services delivered within minutes, half an hour, or by the same day [2] 2. A clear trend of "service industry going online," with over 10 million merchants expected to offer services on platforms like Taobao and Xianyu by 2024, with the GMV growth rate for these services significantly outpacing that of physical goods [2][2] Group 3: Technological Support - The trends are supported by AI technology for decision-making, the application of complex big data across various scenarios, and the improvement of warehousing and distribution network infrastructure [2]