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 2.3% to RMB16.7 billion (US$2.3 billion) for the second quarter of 2023 from RMB16.3

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 2.311.3% to RMB16.7 RMB16.3 billion (US$2.3 2.4 billion) for the second quarter of 2023 2022 from RMB16.3RMB14.6

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 2.310.7% to RMB16.7 RMB16.3 billion (US$2.3 2.6 billion) for the second fourth quarter of 2023 2021 from RMB16.3RMB14.8 billion for the fourth quarter of 2020. 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 2.321.3% to RMB16.7 RMB59.1 billion (US$2.3 9.3 billion) for the second quarter full year of 2023 2021 from RMB16.3RMB48.7 billion for the full year of 2020. 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 2.332.7% to RMB16.7 RMB13.8 billion (US$2.3 2.1 billion) for the second first quarter of 2023 2021 from RMB16.3RMB10.4 billion for the first quarter of 2020.

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 2.312.2% to RMB16.7 RMB15.5 billion (US$2.3 2.4 billion) for the second first quarter of 2023 2022 from RMB16.3RMB13.8 billion for the first quarter of 2021. 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.

Fulfillment Expenses. Fulfillment expenses, which primarily include procurement, warehousing, delivery, customer service and payment processing expenses, increased by 2.334.2% to RMB16.7 RMB14.8 billion (US$2.3 billion) for the second fourth quarter of 2023 2020 from RMB16.3RMB11.0 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 2.331.7% to RMB16.7 RMB48.7 billion (US$2.3 7.5 billion) for the second quarter full year of 2023 2020 from RMB16.3RMB37.0 billion for the full year of 2019.