Identify upto 5 key topics discussed in the passage. If none found, indicate so.         
        Passage: I think in terms of the industry GMV growth there are a lot of research outstanding and I think, obviously, it's going to be slower, but also it really depends on the various industry players and us and our peers, how we manage this growth. And among the various markets, we see that there are some markets, for example, like Malaysia, Singapore that enjoy spectacular growth during the previous years, there is a slowdown, given a tough comp and also the opening up versus a period of strict lockdown. I think the continuing to this year, of course, the tough comp is going to remain a fact. And at the same time, we also see markets like Indonesia, Philippines and Vietnam continue to enjoy relatively faster growth. That also in a way, sometimes affected by the comp relative to -- in terms of open up versus lockdown, the relative macro situation people are facing, the physical tools, the central banks and the government in terms of the interest rates and the fiscal tools the governments have been employing to manage the inflation and how they deploy those tools, whether it's on price cap or on coupons. And if it's on subsidies, how they channel the subsidies, so all of this can affect the overall consumption growth and where the consumption goes to whether it's the discretionary or necessities as physical consumption versus service and also the e-commerce relatively sheer online versus offline.
