Core Points - Alibaba's Gaode has announced that all restaurant merchants will be exempt from annual membership fees for one year, providing various support services such as traffic subsidies, dedicated customer service, and smart cash registers [2] - The initiative aims to help restaurant merchants reduce operational costs while increasing customer numbers and digital opportunities [2] - This announcement follows the launch of the "Gaode Street Ranking" and "Smoke Fire Good Store Support Plan," which are part of Gaode's ongoing support for the restaurant industry [2] Summary by Sections Support Measures - Gaode is offering a one-year waiver on membership fees for restaurant merchants and additional support services [2] - The company plans to continuously update measures based on the actual needs of restaurant merchants [2] Recent Initiatives - The "Gaode Street Ranking" was launched 10 days prior, establishing a new offline service credit system [2] - The "Smoke Fire Good Store Support Plan" includes over 1 billion in travel and transaction subsidies to encourage in-store consumption, aiming to bring 10 million customers daily to offline dining and service industries [2] User Engagement - Gaode's Daily Active Users (DAU) exceed 170 million, with over 40 million users on the first day of the "Gaode Street Ranking" launch [3] - The traffic for listed small stores on the "Gaode Street Ranking" increased by 187% in the first week [3]

Group 1 - The takeaway from the article is that the intense competition in the food delivery market is cooling down, with a noticeable reduction in subsidies and promotional activities from major platforms [1][5][6] - Merchants have reported a significant decline in sales, with some experiencing a drop of over one-third in daily revenue compared to the peak months of July and August [1][3] - Delivery riders have also felt the impact, with a decrease in order volume leading to lower earnings, with some reporting daily incomes dropping from over 300 to around 200 [4][5] Group 2 - The article highlights a shift in focus from food delivery to in-store services, with platforms like Alibaba and JD.com launching new initiatives to promote in-store purchases and group buying [2][12] - The introduction of local lifestyle rankings, such as the "Gaode Street Ranking," indicates a strategic move by platforms to enhance their presence in the local service market, competing directly with existing players like Meituan [8][9] - The competition in the in-store segment is still in its early stages, with platforms relying on user reviews and experiences to drive traffic, which is more complex than the food delivery model [13][14] Group 3 - The article discusses the financial implications of the food delivery battle, noting that while the competition has led to increased market share for platforms, it has also negatively impacted profitability [5][6] - The profitability of in-store services is significantly higher than that of food delivery, with operating profit margins for in-store services reaching 45.6% compared to just 6.5% for food delivery [12] - The platforms are expected to avoid large-scale subsidy wars in the in-store segment, focusing instead on sustainable growth and enhancing user experience [14][15]

Core Viewpoint - CITIC Securities has issued a "Buy" rating for Alibaba-W (09988), highlighting the company's strategic upgrades and potential for growth in the retail sector [1] Group 1: Business Strategy and Developments - Since February 2025, Alibaba has upgraded its three major platform layouts, entering the instant retail sector through its food delivery business [1] - The food delivery service acts as a high-frequency essential traffic entry point, effectively driving local life and e-commerce businesses, positioning the platform to capture future retail competition [1] - The "One Taobao" strategy has been upgraded, with organizational adjustments and comprehensive integration of member benefits [1] Group 2: User Engagement and Market Position - The launch of flash purchase services has significantly improved user acquisition and retention, with differentiated competition in categories such as apparel, electronics, and beauty products [1] - The rapid replenishment of delivery personnel enhances operational capacity [1] Group 3: Market Outlook and Financial Projections - CITIC Securities anticipates a dual oligopoly market structure centered around Alibaba and Meituan, driven by a dual-model approach to develop a full range of businesses [1] - The firm projects that from FY2026 to FY2028, Alibaba could contribute an additional 1 trillion GMV [1] - With a focus on scaling and efficiency optimization, the flash purchase business is expected to achieve stable profitability contributing up to 18.3 billion yuan, with a potential market value increase of nearly 200 billion yuan by 2026 under optimistic valuation scenarios [1]

该行表示，考虑阿里资金优势突出，认为中期预计形成以阿里、美团为核心的双寡头竞争格局。依靠双 模式发展全品类业务，该行预计FY2026- FY2028有望贡献1万亿增量GMV。公司强调提升规模后优化效 率，UE改善趋势明确下，该行预计闪购业务稳态盈利贡献可达183亿元，乐观估值情境下，基于远期估 值折现，2026年潜在市值提升空间近2,000亿元。 智通财经APP获悉，中信证券发布研报称，予阿里巴巴-W(09988)"买入"评级。2025年2月以来，公司三 大平台布局升级，以外卖切入即时零售赛道。外卖业务作为高频刚需流量入口，能够有效拉动本地生活 及电商业务，助力平台占领未来零售业态竞争制高点。阿里巴巴"一个淘宝"战略升级，组织架构协同调 整，会员权益全面打通。闪购上线后，用户拉新与粘性提升效果显著，品类供给依托电商商家优势，在 服饰、电子产品及美妆个护领域形成差异化竞争，同时骑手运力快速补给。 ...

新浪科技讯 9月23日下午消息，从阿里旗下跨境电商平台速卖通获悉，目前家具、家电等大件商品中， 超50%成交额来自"海外托管"。双11前，海外托管服务覆盖国家市场扩至30个，部分国家上线了官方物 流，强化"最后一公里"配送体验。 据介绍，速卖通"海外托管"模式下，商家负责将货品备入海外仓，平台承接后续的营销推广与用户运 营。物流履约由认证仓或第三方服务商完成，平台通过系统对接保障链路效率。目前，贴有"Local+"标 签的海外托管商品增长迅速，消费者可将其识别为"本地现货"，享受更快配送与更稳定购物体验。 今年双11前，越来越多品牌加速海外备货。智能骑行台品牌 THINKRIDER 已向海外仓发运10000台设 备，今年出海销售目标有望翻番，突破1亿元；泳池机器人品牌 Seauto 借助海外托管模式，快速打开德 国、法国、西班牙等市场，目前70%的欧洲订单来自速卖通。 "我们做大件重货的商家，如果不备货到本地，像沙发这样的商品，很难和本地现货竞争时效和服 务。"功能沙发品牌 Comhoma 出海负责人表示。 作为亚马逊中国区头部品牌，Comhoma 的400美元主力款电动沙发具备电动平躺、辅助站立、按摩加热 ...

Core Insights - Alibaba's Qwen series has recently updated three large models, including the open-source multimodal model Qwen3-Omni, the open-source image editing model Qwen3-Image-Edit, and the non-open-source speech recognition model Qwen3-TTS [1] Model Performance - Qwen3-Omni demonstrates comparable performance in single-modal tasks to similar-sized models in the Qwen series, particularly excelling in audio tasks [1]

Core Insights - Alibaba's Taobao Flash Sale has launched a group buying service in three cities, marking a significant step in its in-store business strategy [1][4] - The initiative is seen as a response to market demand rather than a premeditated attack on competitors like Meituan [1][4] - The trial phase aims to validate business strategies and consumer behavior before a nationwide rollout [3][5] Group 1: Business Strategy - The group buying service is initially available in Shanghai, Shenzhen, and Jiaxing, chosen for their diverse market characteristics and consumer behaviors [3][4] - The service focuses on high-frequency, low-ticket items to attract initial users, with plans to increase overall transaction value through higher-ticket items later [3][5] - The project was developed rapidly, taking less than two months from decision-making to launch, leveraging existing capabilities rather than starting from scratch [4][5] Group 2: Market Dynamics - The competitive landscape is shifting, with Taobao Flash Sale reportedly matching or surpassing Meituan in order volume, although Meituan maintains an edge in unit economic efficiency [7][8] - Meituan has responded by promoting its group buying service with high-profile endorsements, indicating the competitive pressure from Alibaba's new offering [8][9] - The future expansion of the group buying service will depend on the integration of major brand merchants and independent software vendors [9] Group 3: User and Merchant Engagement - User feedback has driven the demand for in-store group buying options, with many consumers expressing interest in in-store discounts compared to delivery prices [4][5] - Merchants are eager to utilize the new platform to gain additional sales, viewing the initiative as a low-risk opportunity for growth [8][9] - The collaborative approach among Alibaba's platforms (Taobao, Alipay, and Gaode) aims to enhance user experience and streamline service delivery [5][6]

【产业互联网周报将整合本周最重要的企业级服务、云计算、大数据领域的前沿趋势、重磅政策及行研报告。】 国内资讯 中山医院联手华为等发布"元医疗模拟实验室" 在9月15日举行的中山医院"国家人工智能应用中试基地"推进会上，中山医院"元医疗模拟实验室"正式揭牌，将开展人工智能医疗应用的测试"终端"与现场 验证等。华为、联影智能、迈瑞医疗、仪电鑫森等参与成果发布。 钉钉首款AI硬件DingTalk A1正式开售 钉钉首款AI硬件DingTalk A1旗舰版今日正式在天猫钉钉官方旗舰店开售。DingTalk A1是一款轻薄AI录音卡片，与钉钉最新发布的AI听记结合，能够帮助用 户高效记录、转写、翻译、总结和分析语音沟通内容，主要面向销售、人事、客服、律师、医生、教师等岗位和职业，能够帮助用户把沟通语音转化为经过 整理提炼的线上知识，在钉钉上分享、协作，同时这些工作过程数据会沉淀为高质量。 亚马逊云科技否认大中华区裁员 有消息称亚马逊云科技（AWS）大中华区计划裁员，或涉及超20%的员工。对此，亚马逊云科技发言人表示，报道严重失实，亚马逊云科技持续在中国积极 招聘人才。 海信集团与飞书正式签署合作协议 海信集团（以下简称 ...

人民财讯9月23日电，记者从公司获悉，9月23日，阿里旗下跨境电商平台速卖通启动"超级品牌出海计 划"，招募包括天猫品牌、亚马逊大卖在内的知名品牌。 ...

Core Insights - Alibaba's cross-border e-commerce platform AliExpress has launched a "Super Brand Going Global Plan" to recruit well-known brands, offering a cost-effective alternative to Amazon for entering key markets [1][2] - The initiative represents a fundamental change in AliExpress's approach, shifting from relying on promotional bursts to a systematic brand-building strategy [1] - AliExpress aims to become a second growth curve for brands looking to expand internationally, providing a new option for brands considering going global [1] Group 1 - The platform will introduce a "Brand+" dedicated channel to enhance brand recognition and trust through genuine product certification, free shipping, and price protection mechanisms [1] - A "Brand Service Center" will be launched to offer real-time advertising performance data, channel conversion analysis, and customer demographic insights for refined brand operations [1] - AliExpress is leveraging its local marketing capabilities, exemplified by a partnership with Pop Mart to host a music festival in Spain, enhancing brand engagement with local consumers [1] Group 2 - The platform's overseas management services have expanded to nearly 30 countries, strengthening its local service capabilities [1] - A comprehensive suite of brand-specific AI tools has been implemented, including features for selecting trending products, predicting consumer trends, and automating store design and advertising [2] - In the first half of this year, the number of brands on AliExpress increased by 70% year-on-year, with over 500 brands doubling their sales and more than 2,000 brands successfully entering new markets [2]