Core Viewpoint - Alibaba's stock price increased by nearly 6% at the end of trading, reflecting positive market sentiment driven by strong performance in its e-commerce segment and strategic initiatives [1] Group 1: Stock Performance - Alibaba's stock (09988) rose by 5.75%, reaching HKD 123.3, with a trading volume of HKD 15.487 billion [1] Group 2: E-commerce Developments - From August 7 to 9, Taobao's daily order volume exceeded 10 million for three consecutive days, indicating robust consumer demand [1] - Taobao launched a new membership system that integrates various Alibaba resources, covering a wide range of consumer needs, marking a significant shift towards a comprehensive consumption platform [1] Group 3: Financial Projections - Tianfeng Securities anticipates steady revenue growth for Alibaba in Q1 of the 2026 fiscal year, although profits may be impacted by flash purchase subsidies [1] - East Asia Securities projects a 13% year-on-year increase in adjusted EBITDA for Alibaba in Q1 of the 2026 fiscal year, with cloud business expected to be a key growth driver, forecasting a 23% year-on-year revenue growth for Alibaba Cloud [1]

天风证券指出，预计2026财年一季度阿里收入稳健增长，利润端或受闪购补贴影响。本季度海外科技大 厂资本支出超预期AI需求依旧强劲，预计公司本季度云业务维持高增速。东亚证券则表示，预计阿里 2026财年一季度经调整EBITA将按年增长13%，预料云业务将继续成为增长亮点，阿里云收入预料按年 增长23%，相信投资者将关注集团会否持续加大资本支出以支持云业务的算力需求增长。 智通财经APP获悉，阿里巴巴-W(09988)午前拉升近3%，消息面上，涨2.07%，报118.4港元，成交额 46.63亿港元。 消息面上，8月6日，淘宝正式推出全新的大会员体系，打通饿了么飞猪盒马等阿里系资源，包含购物、 外卖、旅行、出行等权益，吃喝玩乐、衣食住行全面覆盖。88VIP用户权益将全面升级。这是饿了么、 飞猪并入中国电商事业群，阿里从电商走向大消费平台战略之后的标志性业务动作。 ...

Group 1 - Taobao 88VIP has integrated with Hema, allowing members to enjoy benefits such as free shipping and discounts, which is expected to drive new growth for Hema [6] - Taobao is launching a new membership system that integrates resources from Ele.me, Fliggy, and Hema, enhancing user benefits and marking a strategic shift towards a comprehensive consumption platform [8] - Hema's co-founder, Shen Li, has left the company, indicating a shift in leadership as the company focuses on profitability and core business areas [11] Group 2 - JD.com plans to open five discount supermarkets in Jiangsu and Hebei, utilizing a large store format and a wide range of SKUs to offer competitive pricing [8] - Guoquan reported a revenue of 3.2397 billion yuan, a year-on-year increase of 21.6%, with net profit rising by 122.5% to 190.2 million yuan [9] - Meituan has initiated a support plan for small and medium-sized merchants, providing up to 50,000 yuan in assistance per store, aiming to cover over 100,000 additional restaurants by year-end [12] Group 3 - Tmall International saw 580 overseas brands open their first stores in China in Q2, a 45% year-on-year increase, with the majority coming from the U.S., Japan, and South Korea [13] - Sam's Club plans to open its first store in Yangzhou by the end of the year, with construction progressing well [14] - Domino's Pizza reported a 1.3% increase in sales for the first half of the year, with challenges from rising raw material costs impacting profit margins [20]

Core Viewpoint - Alibaba is launching a new membership system that integrates its various platforms, including Ele.me, Fliggy, and Hema, to provide comprehensive benefits across shopping, food delivery, travel, and more, enhancing the 88VIP user experience [1][3]. Group 1: Membership System Overview - The new membership system will connect multiple Alibaba resources, covering a wide range of consumer needs such as dining, entertainment, and travel [1]. - The 88VIP membership, initially launched in August 2018, has evolved to offer various discounts and benefits across Alibaba's ecosystem, now exceeding 50 million members as of the recent 618 shopping festival [6]. Group 2: Strategic Business Move - The integration of Ele.me and Fliggy into Alibaba's e-commerce business group marks a significant shift towards a comprehensive consumer platform strategy [3]. - Hema has begun promoting the 88VIP membership with a campaign offering 90 days of free Hema X membership, which includes various discounts and benefits [3]. Group 3: Membership Pricing Structure - The pricing for 88VIP varies based on user activity, with a standard fee of 88 yuan per year for users with a "taoqi" score of 1000 or above, while those below this threshold must pay 888 yuan [6].

【独家#淘宝即将上线大会员体系#：#淘宝将打通饿了么飞猪盒马#，88VIP权益全面升级】@新浪科技 从知情人士处独家获悉，淘宝将上线全新大会员体系，打通饿了么飞猪盒马等阿里系资源，包含购物、 外卖、旅行、出行等权益，吃喝玩乐、衣食住行全面覆盖。88VIP用户权益将全面升级。 这是饿了么、飞猪并入中国电商事业群，阿里从电商走向大消费平台战略之后的标志性业务动作。业内 分析认为，多元化会员权益将显著提升淘宝主站用户活跃度，增强用户黏性。（新浪科技 | 独家） ...

Core Viewpoint - Alibaba is launching a new membership system that integrates various services across its ecosystem, marking a strategic shift from e-commerce to a comprehensive consumer platform [1] Group 1: Membership System - The new membership system will connect resources from Ele.me, Fliggy, and Hema, covering a wide range of consumer needs including shopping, food delivery, travel, and transportation [1] - The 88VIP user benefits will be significantly upgraded as part of this new initiative [1] Group 2: Strategic Shift - The integration of Ele.me and Fliggy into the China e-commerce business group signifies Alibaba's transition towards a broader consumer platform strategy [1]

新浪科技讯 8月5日下午消息，新浪科技从知情人士处独家获悉，淘宝将上线全新大会员体系，打通饿 了么飞猪盒马等阿里系资源，包含购物、外卖、旅行、出行等权益，吃喝玩乐、衣食住行全面覆盖。 88VIP用户权益将全面升级。 这是饿了么、飞猪并入中国电商事业群，阿里从电商走向大消费平台战略之后的标志性业务动作。业内 分析认为，多元化会员权益将显著提升淘宝主站用户活跃度，增强用户黏性。（闫妍） 责任编辑：杨赐 ...

饿了么、飞猪加入阿里中国电商事业群！ 6月23日，阿里巴巴集团CEO吴泳铭发布全员邮件宣布，即日起，饿了么、飞猪加入阿里中国电商事业群。 有行业人士分析称，在过去两个月，淘宝闪购协同各方展现出的业务潜力，促使阿里进一步坚定了加大投入、 整合资源的决心。本次调整，是为了给消费者更好地提供优惠与便利，也为品牌及商家探索新的商业模式和生 意增长创造更大空间。 淘宝闪购今年发力 今年5月2日，淘宝闪购正式上线，不到一个月，日订单量即超4000万。阿里巴巴2025财年第四季度及全年财报 业绩会曾透露，淘宝闪购无论在规模增长还是效率提升上均超出预期。 数据显示，在刚刚过去的天猫618，淘宝闪购用户规模和活跃度创下新高，平台购买用户数实现双位数增长， 618全周期天猫剔除退款后的GMV同比增长10%。在今年天猫618，品牌纷纷加码即时零售，3C数码、服饰、 快消、运动户外等行业多个品牌。 有分析认为，此次战略调整后，阿里加大力度整合集团资源，升级走向大消费平台，也有望为淘宝闪购带来更 多发展空间。 具体来看，范禹继续担任饿了么董事长兼CEO，南天继续担任飞猪CEO，两人均向阿里电商事业群CEO蒋凡汇 报。饿了么、飞猪继续保 ...