First, provide data. You should know that Alibaba's main business is e-commerce, and Alibaba Group's software includes some business transaction software such as Taobao, Tmall, Juhua, 1688, and Nantong, a technology company, is engaged in the wholesale of hardware accessories. Therefore, I think this company provides sales data and cost production chain data to Ali Group to help the downstream industry data of Ali E-commerce.
Second, the ecological chain. It is understood that Alibaba registered a new company named Alibaba Jingxi Information Technology Co., Ltd. on August 6. Jingxi's main business is exactly the same as JD.COM's, mainly electronic products, and this company in Nantong is mainly engaged in the wholesale sales of electronic products, so I think Ali set up this company to provide products for Jingxi.
Third, development. Alibaba Group is one of the best e-commerce website giants in China and even in the world, so I think Alibaba set up this new company for its better development in the future.