LOTTERY DISTRIBUTION

The Group currently distributes lottery (including lotto, sports lottery and instant scratch tickets) by expanding its physical lottery sales channels in China, which are mostly retail sales outlets operated by Alibaba Group. During 2021, the Group generated revenue from the distribution of lottery through retail sales outlets, representing an increase of approximately 87% over 2020. Such increase was mainly attributable to the increase in average lottery sales volume per sales outlet as a result of the rebound from the COVID-19 pandemic impact and the Group’s continuous efforts in expanding its network of collaborating retail sales outlets for lottery distribution with an increase of approximately 40% in the number of such outlets over 2020.

HOMEBUSINESSLOTTERY DISTRIBUTION