Ali Local Business Operation System Officially Released

November 19th news, "new service is now the future" Ali local life strategy conference held today, Ali local life business operation system officially released.

Wang Lei, President of Alibaba group partner and Ali local life service company, delivered a speech on "new service: number smart transformation of local life", sharing the progress of Ali's local life service in the past year and the results achieved during the double 11 period.

It is reported that Ali local life put forward the digital difference of "new service" strategy: Hardware digitalization, product digitalization, operation digitalization. Wang Lei believes that the products of local life services are easier to digitize than physical retail, but only when helping merchants digitalized, merchants will have more time to do different things, and will also bring differentiated services to different users.

Last month, Wang Lei said in an internal letter that after a year, the number of local life service companies in Ali developed to nearly 20 thousand, and has completed the comprehensive business integration with Alibaba group. In Wang Lei's view, Ali local life services can give businesses, in addition to big data capability empowerment, Alipay's ability to pay, and long-term accumulation of comprehensive 2B capabilities.

Wang Lei said, we may regret not catching up with this wave of electricity supplier, but the service industry is actually a great opportunity for the future. In addition, Liu Xiaofei, vice president of Alibaba local life service company, also revealed the relevant gameplay of local life services during the double 12 period, which will realize catering, life service, business super, fresh whole industry, whole brand and the whole city.

Alibaba local life service company is currently carrying out a new round of $4 billion in financing, valued at US $30 billion. Moreover, over 3/4 of the funds in the current round of financing came from Alibaba and Softbank vision fund, and Chunhua capital, which was once word-of-mouth, and ant gold clothing were also involved in this round of financing. In addition, this round of financing is expected to be completed by December.