According to Zhitong Finance APP, DMALL (02586) shares rose over 5% again, accumulating a gain of more than 110% within the month. As of press time, the stock was up 4.28% at HK$8.77, with a trading volume of HK$175 million.

On the news front, according to disclosures by Zhang Wenzhong, founder of DMALL, at the 2026 Feishu Infinite Future Conference, the company is about to launch "DMALL Flash Purchase" on Doubao, which has already completed internal testing. This service will be deeply integrated with Doubao to provide physical retail enterprises with an integrated "in-store + at-home" service, connecting physical retail into the Doubao ecosystem, positioned as a new entry point for offline retail growth in the AI era.

It is worth noting that Meta launched its standalone AI agent application Muse, which saw rapid download growth after its release, marking the Agent narrative moving from concept to actual product implementation. Kaiyuan Securities issued a research report stating that DMALL is leveraging its retail digitalization capabilities to connect with Doubao's 382 million MAU AI traffic entry point, and is expected to move toward becoming a Chinese version of Muse, with the "retail SaaS + AI Agent" logic gaining market repricing.