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A big part of our recent moves was the expansion of our overseas offices to 10 that are accountable for expanding our global merchandising capabilities for the cross-border business. Domestically, our 2 million square meters of warehouses and more than 20,000 full-time delivery staff can provide customer with a fast and superior experience across all over China. There are no branded sports in China for Vipshop service. Our in-house last-mile delivery network currently covers 30 provinces, 300 cities and 2,872 countries across the country. I think the advantage VIPS has is, as an online retailer


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