Other language: Vietnamese

Rebirth in the Perfect Era.

Chapter 799: Significant Favorable News!. [802]



Summary

On a Monday, Li Mu received exciting news: Taobao and Taobao Logistics were designated as "High-Tech Key Demonstration Enterprises" by the Ministry of Commerce, entitling them to a five-year tax exemption. This includes complete tax relief for the first two years and substantial reductions thereafter. The government also mandated local support for these enterprises. The recognition boosted Taobao's prestige in the internet sector, with the potential for significant market impact. Amid these developments, Li Mu planned to improve online shopping frequency for daily necessities. He also pursued strategic partnerships, notably with Bermann in Germany, to enhance logistics capabilities. The news of government support for Taobao created envy among competitors, highlighting Li Mu's exceptional standing in the industry.

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