ALIBABA GROUP OFFERINGS  
History and Milestones
March
GMV transacted in the Alibaba ecosystem surpasses US$1 trillion for fiscal year 2020.
April
Alibaba launches the “2020 Spring Thunder” initiatives to help SMEs explore opportunities amid the COVID-19 crisis.
Alibaba Group launches the “2020 Spring Thunder” initiatives
September
Alibaba Group reveals its New Manufacturing model for the first time with the unveiling of Xunxi Digital Factory.
Xunxi Digital Factory
October
Alibaba Group announces plans to acquire a controlling stake in Sun Art, a leading hypermarket and supermarket operator in China, to accelerate its New Retail strategy.
October
Freshippo launches “X Membership” warehouse store, which aims to provide a curated and value-for-money selection of products, serving consumers’ varying needs.
November
Alibaba commences the construction project of its Central China campus in Wuhan, Hubei Province.
November
Taobao Deals surpasses 100 million in annual active consumers.
Taobao Deals surpasses 100 million in annual active consumers