The move comes as Alibaba seeks to gain a larger market share in platforms with Ele.me and its digital entertainment offerings
Alibaba Group Holding on Wednesday said it is rolling out a new paid membership package that will give members benefits across its ecosystem of services as it looks to gain market share in digital entertainment and food delivery.
Called “88 VIP”, users pay an annual fee of 888 yuan (US$128.70) to purchase a package that entitles them to a year of benefits, such as access to content on video-streaming platform Youku Tudou, a subscription to Alibaba’s music platform Xiami as well as discounts on its food delivery platform Ele.me and e-commerce sites Taobao Marketplace and Tmall. Existing Alibaba users who have 1,000 points can pay 88 yuan to upgrade to the 88 VIP package.