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Taobao Flash Sale announced on June 17 that the State Administration of Market Regulation released a draft of "Ten Rules for Subsidy Behavior of Food Delivery Platforms". A healthy industry ecology cannot be separated from the guardianship of rules. We firmly support the State Administration of Market Regulation in formulating relevant regulations to promote the high-quality development of the industry. We will work together with all sectors of the industry to maintain a fair and orderly market competition environment.
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