Alibaba's Jack Ma Sees Singles' Day Record on Way to Retirement

The video discusses the significance and evolution of Singles Day, originally a university holiday for singles, which has grown into a major retail event. It highlights the integration of online and physical retail by companies like Alibaba and Amazon. The financial analysis covers revenue, GMV, and retail strategies, emphasizing volume sales. The video concludes with acknowledgments to Bloomberg and Jason Kelly.

What challenges are mentioned regarding the relationship between net revenue and GMV?

What is the implication of the statement 'they're making up on volume' in the retail context?