Group 1 - The core concept of Shanghai WoDian is to create a new consumption model by integrating online and offline services, utilizing green points as a key driver for consumer engagement and merchant attraction [4][10] - The platform features a seamless connection between online and offline services, allowing users to order through the "WoDian Life" mini-program and pick up at nearby physical stores, enhancing convenience and efficiency [5][10] - A unique points incentive mechanism is central to WoDian's competitive advantage, where users earn points that can dynamically increase in value, potentially turning into significant discounts for future purchases [6][10] Group 2 - Merchants can set their own discount rates between 3% to 20%, converting the discount into points for consumers, which helps reduce operational costs compared to traditional platforms that charge high commissions [7][10] - The platform has diversified revenue streams, including earnings from merchant discounts, advertising services, premium membership offerings, and financial services in collaboration with financial institutions [9][10] Group 3 - The model attracts consumers by lowering costs through the points system and providing a rich shopping experience across various services, enhancing user engagement and satisfaction [12][18] - For merchants, the platform reduces operational costs, provides precise customer targeting, and allows for cross-industry revenue sharing through alliances [13][18] - WoDian's innovative business model, driven by data analytics and rapid market expansion strategies, has established a strong competitive edge in the local service sector [14][15][16] Group 4 - Future prospects for WoDian include continuous innovation in service offerings, market expansion into lower-tier cities, and potential international collaborations to enhance its ecosystem [22][23] - The company aims to strengthen compliance and risk management frameworks to ensure sustainable operations amidst regulatory challenges [24]