During the 2026 Labor Day holiday period, Fliggy achieved a new single-day record for hotel room nights transacted. Bookings actually fulfilled by 88VIP members surged by over 100% year-on-year. The latest quarterly financial report from Alibaba Group showed that both active buyers on the Taobao app and 88VIP members registered double-digit growth. The current number of 88VIP users has approached 60 million. As the user group with the strongest purchasing power within Alibaba's consumer business segment, the loyalty of 88VIP members to the platform is strengthening alongside the expansion of usage scenarios and membership benefits. Driven by high-spending users, premium traffic scenarios, and AI tools, Fliggy's core businesses have experienced consecutive periods of rapid growth during multiple public holidays and peak travel seasons since July 2025. During last year's National Day holiday, Fliggy's hotel room night volume grew 78% year-on-year, outpacing the broader travel market by a wide margin. On its platform, hotel room night volume increased by triple-digit percentages in over 100 cities. This growth momentum continued into the Spring Festival this year, with Fliggy's hotel room night volume achieving another significant increase of 75%.