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Alibaba Group announced the formal establishment of a local life service company. Hungry and word-of-mouth divisions will form a leading domestic life service platform. Ali Local Life Services also defined its future goals – redefining urban life. Alibaba said that the establishment of Ali Local Life Service Company is an important milestone for Alibaba Group to complete the layout of the large consumer sector. This marks that after the new retail has achieved fruitful results, local living services have become the latest highland of Ali's ecological strategy.
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