hello, everyone. and Vincent, you, thank Okay,
the BEC business I our discuss details. of a more after do in quick second of me which of Let the will financials XXXX, review quarter
we reporting which are Greater and this China. two that as prepared Brand number reporting BEC, and transparency E-Commerce, BZI, to note provide Slide X. which Gap Please time, Group Management, segment includes segments: on we higher have shown Headquarters; At includes
Please Slide X. to number turn
are profitability pleased efforts flows. optimization business that and operating report We segment can better in ongoing E-Commerce achieved cost positive cash attributed reduction. to our year-over-year outcome This our be to and
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total Please turn X%, the billion. to RMBX.X at Slide profit our number X. to In gross this Group by increased quarter, level,
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our quarter, to improvement. of and product XXX XX%, plan the basis gross XX.X%, margin sales of product ahead own expanded points was for sales which For E-Commerce market gross of BBM by margin is
process was E-Commerce of service and operating million, and operations our improving million adjusted re-engineering, income XX% grew ramping to quarter, income optimization. initiatives, adjusted high-quality effective regional RMBX.X reflecting optimization reforming efforts by compensation from during centers, strategy included cost capital which efficiency. Our RMBXX working the These up
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flow cash status. number X, to our Turning about Slide cash and
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We make in continued progress omnichannel our initiatives. to
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for market quality-focused XX the sustainable a months dynamics, to Given e-commerce our growth. China's a as XX the e-commerce shift and view business transition we next period of into
me period. during let key this share to initiatives transition XX. Please Now page our number turn
dynamic receive brand support at our of we in needs By put market. Firstly, will curve adapting e-commerce brand partners' the of possible successful and everything experience best our staying the solutions our and do. in China, we we ensure ahead center partners to this to that landscape the be
client to structured from to and NPS service valuable our to Nielsen framework with we program management the us enhance enables gather our make experience. partners brand We improvements co-developed feedback and overall our which strengthen IQ. to quality necessary will their through program, improve continue This
practices best partners We industry on brand co-develop e-commerce. also to actively with collaborate our
brand solution brand. to We exceptional CRM a implement our the innovation For for brand insights, delivering luxury expertise while e-commerce forefront omnichannel e-commerce aim electronics an example, to a of leading online-merge-offline services. solution. inventory By industry partners' leading brand sports we helped with with to live value we implemented of And outdoor our brand implement our stay partners. single combining at a we one-on-one leading with worked an to customer
Secondly, we will focus the the quality of on business.
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Thirdly, different to under categories to building invest capability different end-to-end we our in will provide business continue models. services across
same strategically wine. into invest show competitive At penetration, will with and categories and in expand demand improving we such as a the have that the categories will those online beauty, as already time, apparel, and such sports, edge, We where beverage luxury, health, low built strengthen electronics. we
services, to seeking a including We in one-stop value-added will warehouse to in e-commerce brands shop IT, China. partner continue strengthen to a strategic marketing, logistics, digital provide our and
international have in some for sole also some to We the discussions engaged brands China. early become distributor in
to generating with incubate own the our continue witnessed the brand an during sales quarter On of million. We self-incubated early domestically. we [indiscernible] other RMBXX brands breakthrough hand, will our
technology technologies, cost re-engineering. to the and regional and process This our Anywhere, expanding S-ANY, efficiency D-ANY. quality and and will control Design of integrating Finally, we through involve Anywhere, such aim effectiveness as efficiency internal enhance service business centers implementation our and Service
for decreasing continue time, the academic leading enhance will our and to enhance also talent labor quality are with expenses employees. institutions efficiency. opportunities, promote pool Six Furthermore, we and both entry-level training Sigma at the actively provide our collaborating Lean same process We to to
including technologies, into are platform AI and ROS daily self-developed operations. AIGC We in to automation the process integrate our our
improved cost. and will that are result We efficiency this in operating initiative reduced confident
and to are We business changing on will E-Commerce realign dynamics. adapt business our the processes. program in time a market transition some the to embarking resources, and This journey to transition require effort people,
market. achieve successfully growth However, in and once transition better have confidence even we business full sustainable drive will E-Commerce that this positioned to executed, success is greater the be our
turn me call over more let to the elaborate on Now, BBM. Sandrine to
go, Sandrine. we Here
