Sou Hu Cai Jing·2025-09-29 11:38Group 1 - The core idea of the article revolves around Xiaohongshu's strategic entry into the local lifestyle market through the launch of the "Malulu Life Festival" and the "Xiaohong Card" [2][3] - The "Malulu Life Festival" is a significant offline brand event that expands beyond a single city to Shanghai, Hangzhou, and Guangzhou, featuring 25 curated Citywalk routes and over 200 limited-time activities at partner stores [2] - The "Xiaohong Card" is designed as a "selected dining and entertainment all-in-one card," offering users benefits such as discounts and exclusive event participation rights, aiming to enhance user engagement and merchant visibility [2][3] Group 2 - Xiaohongshu's approach to local lifestyle services is seen as a natural evolution of its platform, which has transitioned from an overseas shopping guide to a lifestyle community over 12 years [3] - The "Xiaohong Card" aims to aggregate well-reviewed local businesses, facilitating easier discovery and consumption for users while providing merchants with increased visibility [3][6] - The competitive landscape in local lifestyle services is intensifying, with other platforms like Alibaba and Dazhong Dianping launching their own initiatives, such as the "Gaode Street Ranking" and upgraded takeaway services [4][5] Group 3 - Xiaohongshu's local lifestyle business is still in its early stages, focusing on understanding consumer willingness to pay and user engagement rather than immediate revenue metrics [6][10] - The company acknowledges the importance of pricing but emphasizes that it is not the core logic of its business model [7][10] - The platform is working on enhancing its local service infrastructure and improving the precision of exposure to better connect users with nearby businesses [9][10]