BABA(US:BABA) Bei Jing Shang Bao·2025-08-05 09:21Group 1 - Alibaba is launching a new membership system that integrates resources from Ele.me, Fliggy, and Hema, covering various consumer needs such as shopping, food delivery, travel, and transportation [1] - The 88VIP user benefits will be significantly upgraded, expanding beyond previous offerings like NetEase Cloud Music and Ele.me red envelopes [1] - The integration of local life business resources aims to enhance traffic reuse efficiency, increase user engagement, and strengthen Alibaba's competitive position against JD.com and Meituan [1] Group 2 - JD.com and Meituan are also increasing their investments in instant retail, with Meituan expanding its instant retail offerings and JD.com rapidly growing its food delivery service [2] - Meituan's initiatives include expanding flash purchase categories and upgrading its retail formats [2] - JD.com's food delivery service has seen nearly 200 restaurant brands achieving over one million in sales within four months of launch [2]