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Then there is Ant Group (formerly Ant Financial), a separate but related entity, which operates **Alipay**, the leading digital payment platform in China. Alipay is more than just a payment system; it's an ecosystem that includes mobile payments, financial services, and even credit scoring. It's deeply integrated into the daily lives of millions of Chinese consumers, making it an essential part of Alibaba's ecosystem. Alipay's convenience and widespread acceptance have driven the growth of e-commerce in China and transformed the financial landscape. Furthermore, we must not forget about Cainiao Network, Alibaba's logistics arm. Cainiao is all about making sure that the products bought on its platforms get to the customers quickly and efficiently. Cainiao provides logistics services, including warehousing, transportation, and last-mile delivery. Efficient logistics are critical for the success of e-commerce. Cainiao's investment in logistics infrastructure and technology is a key factor in Alibaba's competitive advantage.
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