Common use of Fulfillment Expenses Clause in Contracts

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.2% to RMB14.8 billion (US$2.3 billion) for the fourth quarter of 2020 from RMB11.0 billion for the fourth quarter of 2019.

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.232.7% to RMB14.8 RMB13.8 billion (US$2.3 2.1 billion) for the fourth first quarter of 2020 2021 from RMB11.0 RMB10.4 billion for the fourth first quarter of 20192020.

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.22.3% to RMB14.8 RMB16.7 billion (US$2.3 billion) for the fourth second quarter of 2020 2023 from RMB11.0 billion for the fourth quarter of 2019.RMB16.3

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.221.3% to RMB14.8 RMB59.1 billion (US$2.3 9.3 billion) for the fourth quarter full year of 2020 2021 from RMB11.0 RMB48.7 billion for the fourth quarter full year of 20192020. Fulfillment expenses as a percentage of net revenues was 6.2% for the full year of 2021, compared to 6.5% for the full year of 2020.

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.211.3% to RMB14.8 RMB16.3 billion (US$2.3 2.4 billion) for the fourth second quarter of 2020 2022 from RMB11.0 billion for the fourth quarter of 2019.RMB14.6

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.210.7% to RMB14.8 RMB16.3 billion (US$2.3 2.6 billion) for the fourth quarter of 2020 2021 from RMB11.0 RMB14.8 billion for the fourth quarter of 20192020. Fulfillment expenses as a percentage of net revenues was 5.9% for the fourth quarter of 2021, compared to 6.6% for the same period last year.

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.231.7% to RMB14.8 RMB48.7 billion (US$2.3 7.5 billion) for the fourth quarter full year of 2020 from RMB11.0 RMB37.0 billion for the fourth quarter full year of 2019.

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 34.212.2% to RMB14.8 RMB15.5 billion (US$2.3 2.4 billion) for the fourth first quarter of 2020 2022 from RMB11.0 RMB13.8 billion for the fourth first quarter of 20192021. Fulfillment expenses as a percentage of net revenues was 6.5% for the first quarter of 2022, compared to 6.8% for the same period last year.