Core Viewpoint - The upcoming Spring Festival period is expected to see a surge in online consumption, leading to increased service fees from various fresh food retail platforms due to tight delivery capacity during this peak time [1]. Group 1: Fresh Food Retail Platforms - Sam's Club will charge an additional 3 yuan per order for online deliveries from February 11 to February 24, 2026, to support delivery personnel during the Spring Festival [2]. - Hema will implement a flat delivery fee of 6 yuan per order for all online purchases from February 14 to February 21, 2026, regardless of order amount, with additional charges for overweight items [2]. - Dingdong Maicai will also charge an extra 3 yuan service fee per order from February 15 to February 21, 2026, due to delivery capacity constraints [5]. - Yonghui Supermarket will apply a 3 yuan service fee for all online orders from February 15 to February 21, 2026, across its platforms [7]. Group 2: Courier Companies - Several courier companies, including SF Express, JD Logistics, and Deppon Express, have announced measures to ensure delivery services during the Spring Festival, with some implementing a "resource adjustment fee" due to increased operational costs [10]. - SF Express will charge a resource adjustment fee ranging from 0.1 to 1.5 yuan per kilogram for certain shipments from January 19 to February 15, 2026, and will adjust service fees during the Spring Festival period [10]. - Deppon Express will also impose a dynamic adjustment service fee from January 19 to February 14, 2026, and additional fees during the Spring Festival, with varying rates for long-term cooperative clients [13]. - JD Logistics will introduce a peak period resource adjustment fee during the Spring Festival from February 16 to February 23, 2026 [14].

Group 1 - The Nasdaq China Golden Dragon Index increased by over 0.5% on February 10 [1] - Dingdong Maicai saw a significant rise of 16.97% [1] - Xinyi Technology rose by 2.52% [1] - 360 DigiTech increased by 2.14% [1] - Tencent Music experienced a growth of 2.15% [1] - Zhihu's stock went up by 2.09% [1]

Core Viewpoint - Dingdong (Cayman) Limited plans to use a substantial majority of the proceeds from the sale of its China operations for share repurchases and/or dividends to shareholders upon closing the transaction with Meituan [1][2] Group 1: Transaction Details - Dingdong has entered into a definitive Share Purchase Agreement with Two Hearts Investments Limited, a subsidiary of Meituan, to sell all issued and outstanding shares of Dingdong Fresh Holding Limited for a cash consideration of US$717 million [1] - The company expects to receive up to US$997 million in cash proceeds from the transaction, subject to adjustments based on net cash and working capital thresholds [1] - The final adjusted consideration will be paid in two installments: 90% at closing and the remaining 10% after tax settlements related to the transaction [1] Group 2: Conditions for Closing - The transaction is subject to various conditions, including shareholder approval, anti-monopoly clearance from the State Administration for Market Regulation of China, and completion of necessary tax filings [1][2] - Specific conditions include the completion of a pre-closing inventory check, obtaining consents from loan institutions, and passing resolutions by the boards and shareholders of Dingdong BVI and Dingdong Cayman [2] Group 3: Future Plans - Upon successful closing of the transaction, the company intends to utilize not less than 90% of its cash balance for share repurchase plans and/or dividends, with terms to be determined post-closing and subject to board approval [1] - There is no assurance that the transaction will close or that any share repurchase plans or dividends will be executed [1]

在今年的春节消费中，越来越多的95后和00后们开始成为置办年货的新晋力量。他们正在"整顿"传统过年的方式：吃饭看营养搭配，下厨更讲效率，送 礼更重健康，消费更理性，也更注重情绪体验。年货不再被视为一次性完成的"年度大囤货"，而是逐渐被拆解为多个更轻量、更灵活的即时消费场景。 年轻一代成采购主力 "车厘子、帝王蟹、夏威夷果、番茄牛腩煲、富贵竹、对联……"00后徐涵（化名）对照着购物清单，在叮咚买菜和盒马两个App之间来回切换，从蔬菜 水果到坚果零食，从团圆年菜到年花装饰，对于今年春节家中需要的所有年货，她选择避开线下商圈拥挤的人潮，直接"一键送到家"。 （叮咚买菜健康年货） 英敏特《2026年中国春节消费洞察前瞻》显示，76%的消费者以"对方喜好"为送礼首要考量，重视健康属性的则超过58%。叮咚买菜调研也显示，00后 消费者送礼关注"实用性与健康"的比例显著高于"贵重有面子"。在叮咚买菜平台上，药食同源、低GI、配料干净等标签的商品已成为新的年货流行趋势。 2月10日小年夜，随着春节临近，年货消费市场已然升温。淘宝闪购平台今日数据显示，淘宝闪购年货销量同比增长超347%，三四线城市年货订单同比 增长超580%， ...

Core Viewpoint - Various online shopping platforms and delivery companies are announcing "no holiday" services during the Spring Festival, with slight increases in delivery fees to ensure service and support for frontline delivery personnel [1][5]. Group 1: Delivery Fee Adjustments - Sam's Club will charge an additional 3 yuan per order for online deliveries from February 11 to February 24 due to tight delivery capacity during the Spring Festival [1]. - Dingdong Maicai will also implement an extra 3 yuan service fee for orders placed from February 15 to February 21, maintaining the same practice as previous years [4][5]. - Hema will charge a base delivery fee of 6 yuan for all online orders during the period from February 14 to February 21, with additional fees for overweight items [1]. Group 2: Support for Delivery Personnel - Dingdong Maicai plans to ensure stable delivery capacity during the Spring Festival through scientific scheduling and various incentive policies for delivery personnel [5]. - Meituan will launch a New Year support and subsidy plan for delivery personnel who work during the Spring Festival, with potential earnings exceeding 10,000 yuan in major cities [5]. - Taobao Flash Sale is set to invest nearly 2 billion yuan to provide holiday rewards for delivery personnel [6]. Group 3: Resource Adjustment Fees - SF Express will implement a resource adjustment fee ranging from 0.1 to 1.5 yuan per kilogram for certain shipments over 20 kilograms from January 19 to February 15, and additional fees during the holiday period [6]. - DeBang Express will charge a resource adjustment fee of 0.2 to 0.5 yuan per kilogram for specific customers and products from January 19 to February 14, with further fees during the holiday [6]. - JD Logistics will also impose peak resource adjustment fees during the Spring Festival holiday from February 16 to February 23 [6].

此前有消息称，叮咚有意考虑出售后，多家买方曾先后报价或尽调，包括阿里、美团、京东、德弘资本 等。不过，市场观点认为，阿里出手的可能性极低；而出售给投资机构，对于叮咚买菜而言，又或许并 非最优解。 如此一来，美团和京东便成为两个最大的潜在"优质买家"。最终美团以看似"便宜"的价格入手，背后亦 有一些复杂因素。 美团：看中叮咚的供应链来支撑小象 从早期的美团买菜，到后来的美团优选，再到持续优化的即时配送体系，美团一直在寻找能够彻底打 通"最后一公里"生鲜消费的最佳路径。 "去年8月份前，叮咚应该已经有部分供应链负责人被美团'挖角'。" 伴随美团收购叮咚买菜公告发布，近日，「明亮公司」从多个独立信源处获悉，2025年8月份，已有部 分工程外包商接到"来自美团的工程订单"，并被要求完成供应商"入库"流程。 这些外包商此前均对接叮咚工厂的一个工程"总包"服务商。"我们猜测，很可能是此前叮咚工厂负责该 业务的对接人被挖角到了美团，并且将自己的供应商带了过去。一旦'总包'商被带过去，其手中的小供 应商也会接到新的订单。" 2月5日，美团（3690.HK）于港交所发布公告，称将以约7.17亿美元的初始对价，完成对叮咚买菜 （ ...

本文自南都·湾财社 采写 | 南都N视频记者 徐冰倩 编辑 | 柴华 又到春节配送费涨价时。2月10日，叮咚买菜、小象超市、山姆、盒马等即时零售生鲜买菜平台宣布在春节期间将加收运费。大部分平台在春节期间加收3 元服务费，盒马在春节期间任意金额订单均收取6元基础运费。最早实行加收服务费的为山姆，于2月11日开始，其余平台基本在2月14日前后开始实行。 亲爱的用户: 感谢您过去一年的信任与陪伴! 春节期间, 川象超市不打烊! 不间断为您将好货送到家。 24点 (2026年2月15日0点王2026年2月21日24点), 将与往年一致,每单额外收取3元春节服务费。 感谢您对春节期间坚守岗位的服务人员的理解和 支持!祝您马年大吉,阖家欢乐! 拟频 NIC B本版 盒马在2月14日0点至2月21日24点对全部用户（含X会员）通过盒马APP、盒马鲜生微信小程序、盒马支付宝小程序、淘宝小程序、盒马作为商家入驻的 其他平台下单购买"盒马鲜生/盒马mini"商品的线上配送订单，任意金额订单均按照6元/单收取基础运费。如果订单商品超重，按日常标准加收超重运费。 不过，盒马云享会、商家直发、盒马全球购等会按照日常的运费标准执行。 目 ...

Core Viewpoint - Major online shopping platforms are announcing "no closure during the Spring Festival," ensuring holiday delivery services while adjusting delivery fees slightly to support frontline delivery personnel [2][3]. Group 1: Sam's Club - Sam's Club will charge an additional 3 yuan for delivery from February 11 to February 24, 2026, to support delivery personnel during the Spring Festival due to tight delivery capacity [3][2]. - The additional fee will be applied to all delivery orders during this period, aimed at maintaining service quality [3]. Group 2: Hema - Hema will implement a uniform delivery fee of 6 yuan per order for all users from February 14 to February 21, 2026, regardless of order amount, with additional charges for overweight items [5][7]. - The delivery fee structure will revert to the original rates after the holiday period [5]. Group 3: Dingdong Maicai - Dingdong Maicai will also charge an extra 3 yuan service fee on top of the existing delivery fees from February 15 to February 21, 2026, due to tight delivery capacity during the Spring Festival [9].

Core Viewpoint - Major online platforms are announcing adjustments to delivery fees during the upcoming Spring Festival, with some platforms implementing additional charges to support delivery personnel during this busy period [1][3][6]. Delivery Fee Adjustments - Sam's Club will charge an additional 3 yuan per order for online deliveries from February 11 to February 24, 2026, due to tight delivery capacity during the Spring Festival [1]. - Hema will charge a base delivery fee of 6 yuan per order for all users from February 14 to February 21, 2026, regardless of order amount, with additional charges for overweight items [3][4]. - Dingdong Maicai will also impose an extra 3 yuan service fee for orders during the period from February 15 to February 21, 2026, due to delivery capacity constraints [6]. Platforms Maintaining Current Fees - Meituan Waimai will not increase delivery fees during the Spring Festival, focusing instead on subsidizing riders through cash incentives and other benefits [7]. - Taobao Shanguo plans to invest nearly 2 billion yuan in rider incentives during the Spring Festival, but consumer delivery fees will remain unchanged [7]. - JD.com announced it will invest over 1.3 billion yuan in employee welfare during the Spring Festival [8]. Courier Services - Several courier companies, including SF Express and JD Logistics, are committed to ensuring package delivery during the Spring Festival while implementing resource adjustment fees due to increased demand [9][10]. - SF Express will charge a resource adjustment fee of 0.1 to 1.5 yuan per kilogram for certain shipments from January 19 to February 15, 2026, and additional fees during the Spring Festival [10]. - DeBang Express will also implement dynamic adjustment fees for deliveries during the Spring Festival, with specific charges based on customer agreements [11][13].

Core Viewpoint - Major platforms including Sam's Club, Hema, and Dingdong Maicai have announced adjustments to their service arrangements and delivery fees during the Spring Festival period in 2026, reflecting the challenges of maintaining service during peak holiday demand [1][2]. Group 1: Sam's Club - From February 11 to February 24, 2026, Sam's Club will charge an additional 3 yuan per order as a Spring Festival delivery fee on top of the existing delivery charges, aimed at subsidizing delivery personnel who work during the holiday [1][2]. Group 2: Hema - Hema will implement a flat delivery fee of 6 yuan for all orders, regardless of the order amount, from February 14 to February 21, 2026. Overweight items will incur additional charges based on regular standards, with the original fee structure resuming after the holiday [1][2]. Group 3: Dingdong Maicai - Dingdong Maicai will charge an extra 3 yuan service fee per order from February 15, 2026, 00:00 to February 21, 2026, 24:00, due to tight delivery capacity during the Spring Festival. This fee will be added to the existing charges [1][2].