Core Viewpoint - Meituan's recent update of its LongCat model has positioned the company as a significant player in the AI sector, showcasing its capabilities beyond just food delivery services [2][24]. Group 1: LongCat Model Strengths - The LongCat-Flash-Thinking-2601 model utilizes a "Heavy Thinking Mode," allowing it to process multiple solutions simultaneously, outperforming Claude in tool utilization for complex tasks [6][19]. - The model achieved impressive scores: 82.8 in programming, full marks in mathematical reasoning, and 88.2 in tool utilization, indicating its top-tier performance in the open-source model landscape [6][19]. Group 2: Technological Foundation - Meituan has integrated AI deeply into its operations, with 52% of new code generated by AI and over 90% of engineers using AI coding tools [10]. - The company has developed over 3,000 production-level applications on its NoCode platform, demonstrating its commitment to leveraging AI across various business functions [10][11]. Group 3: Investment Strategy - Meituan has invested over $100 million in AI companies, including a significant stake in Zhipu AI, which recently went public with a market valuation of over 50 billion HKD [15][16]. - The company is actively investing in robotics, with a focus on reducing delivery costs through autonomous vehicles and drones, indicating a strategic approach to future logistics [16][17]. Group 4: Strategic Collaborations - Meituan has formed strategic partnerships to develop delivery robots and drones, achieving over 500,000 orders in fully autonomous delivery in Shenzhen, validating its business model [17][18]. Group 5: Competitive Advantages - The LongCat model is open-source, providing a cost-effective alternative to proprietary models, which is particularly beneficial for small and medium enterprises [20]. - Meituan focuses on B2B applications, emphasizing practical tools that enhance operational efficiency rather than consumer-facing chatbots [20]. Group 6: Future Outlook - The competition in AI models has shifted towards practical application and engineering capabilities, where Meituan's real-world experience gives it a competitive edge [21]. - The investment in embodied intelligence positions Meituan favorably for future growth in robotics, a sector expected to expand significantly in the coming years [21].

Core Insights - Meituan's LongCat team has released an upgraded open-source model, LongCat-Flash-Thinking-2601, which achieves state-of-the-art performance in key evaluation benchmarks such as Agentic Search and Tool Use [1][3] - The new model demonstrates significant advantages in tool usage generalization, outperforming Claude-Opus-4.5-Thinking in complex tasks that rely on tool invocation, thereby reducing training costs for adapting to new tools in real-world scenarios [1][3] - The model supports a "rethink" mode, allowing it to activate eight independent "thinkers" to execute tasks simultaneously, enhancing the depth of analysis [1][2] Model Performance and Analysis - In a test scenario regarding the winter of 2010, the model provided multiple analyses, ultimately concluding that it was a "warm early winter, cold mid-winter" due to the influence of a strong La Niña event, despite not strictly meeting the cold winter criteria [2] - The system's analysis of the reasons behind the failure of Smartisan Technology highlighted issues such as internal turmoil, lack of management experience, funding difficulties, and an overemphasis on design and marketing at the expense of supply chain management [2] Technical Approach - The LongCat team has developed a diverse and high-intensity training environment for the model, integrating over 60 tools to create complex interdependencies, which enhances the model's generalization capabilities in unknown scenarios [3][4] - The training infrastructure has been expanded to support stable parallel training of large-scale multi-environment agents, maximizing training efficiency and resource utilization by intelligently distributing computational power based on task difficulty and training progress [3] - To address real-world uncertainties, the team has incorporated various types of noise into the training data, simulating API failures and incomplete data scenarios, thereby improving the model's decision-making under adverse conditions [4]

Group 1 - The collaboration model between Zhipu and Huawei has been open-sourced and has reached the top of the Hugging Face leaderboard [1] - Meituan has launched its first open-source and experiential "Reconsideration" model [1] - Replit, an American AI company, has introduced a programming tool that can automatically generate applications [4] Group 2 - Groq is in contact with potential buyers to sell its cloud services unit [4]

去年上半年，京东高调杀入外卖战场，阿里、美团被迫接招。战火未熄，下半年阿里又整合战力，推出"淘宝闪购"，直扑美团腹地。 一时间，美团腹背受敌，似乎陷入被动防守，处处承压。 然而，最近圈内流传的一则趣闻却让人玩味：在这样的高压下，美团的掌舵人王兴在聚会上依然谈笑风生，神情松弛。 这举重若轻的姿态，不禁让外界好奇：美团的底牌，究竟何时才会亮出？就在今天，答案已经揭晓。 美团入局，直指京东 近日，美团和喜车未来智能科技签订协议，正式杀入汽车赛道。 图源：第一财经 在此之前，美团已经联合上汽集团开展了试点合作，上汽600多家经销商门店入驻美团平台，通过线上"第二门店"展示产品信息和优惠活动，以及用户对 线下门店的真实评价。 据了解，喜车科技的主要业务是汽车零售和服务，负责连接汽车品牌厂商与线下4S 店、经销商。此次美团与其合作，目的是发挥双方的优势，整合汽车 产业与本地生活服务业务。 其中，美团负责搭建舞台，吸引经销商入驻，为消费者提供一个集中的线上看车、选车窗口。此外，美团计划将其成熟的商户评分体系引入汽车领域，对 线下4S店的服务进行综合打分。 这样一来，以前购车过程中信息不透明、比价费劲的问题，或许会得到缓解， ...

Core Insights - Shanghai Xiche Future Intelligent Technology Co., Ltd. has signed a strategic cooperation agreement with Meituan to integrate automotive industry and local life service advantages, creating a one-stop service experience for "automotive services + local life" [1][4] - Consumers will be able to browse and compare different 4S stores on the Meituan platform, similar to selecting restaurants, facilitating online purchases and reviews [1] - Over a hundred automotive dealers have already joined the Meituan platform, allowing users to view various 4S stores and their offerings [1] Group 1 - The partnership aims to reduce information asymmetry by allowing consumers to compare service packages and user reviews of different 4S stores [1] - The platform features a dedicated brand homepage for SAIC Roewe, showcasing multiple experience centers and allowing users to check vehicle availability and pricing [1] - The company plans to onboard over 30 automotive brands and thousands of dealer stores onto the Meituan platform by the end of 2026, enhancing the online automotive service ecosystem [4]

Group 1 - On January 16, 2026, Alibaba-W (09988), Tencent Holdings (00700), and SMIC (00981) were the top three companies by trading volume in the Southbound Stock Connect, with transaction amounts of 40.30 billion, 34.43 billion, and 33.48 billion respectively [1] - In the Southbound Stock Connect for the Shenzhen-Hong Kong Stock Connect, Alibaba-W (09988), SMIC (00981), and Tencent Holdings (00700) also ranked as the top three, with transaction amounts of 29.23 billion, 23.54 billion, and 22.23 billion respectively [1] Group 2 - The top active companies in the Southbound Stock Connect included Alibaba-W (09988) with a net buying amount of +56.02 million, Tencent Holdings (00700) with +57.91 million, and SMIC (00981) with +510 million [2] - In the Shenzhen-Hong Kong Stock Connect, Alibaba-W (09988) had a net selling amount of -16.43 million, while SMIC (00981) recorded a net buying amount of +574 million [2]

1月16日，由北京市商务局指导，北京日报报业集团和北京市商业联合会共同主办，北京商报社承办的2026北京商业品牌大会暨2025年度（第二十一届）北 京十大商业品牌揭晓活动在北京国际饭店成功举办。本次活动以"新需求 新供给"为主题，政府领导、商业专家及企业高层代表齐聚一堂，共同见证了代表 北京商业最高水平的"2025年度北京十大商业品牌"等优秀品牌案例的揭晓。 活动现场，北京市商务局党组成员、副局长石崇远从"品质、品位、品牌"角度致辞，为北京商业的高质量发展指明了着力方向。他表示，在北京，涌现出一 批消费地标品牌，创新出一批潮玩时尚品牌，拥有着一批特色烟火品牌。从新锐地标到时尚潮玩，再到街头小店，这些行业的成功案例证明了品牌的建设没 有捷径，只有坚守品质，提升品位，才能在激烈的市场竞争中脱颖而出。石崇远强调，北京的商业图景迎来深刻可喜的变化，品牌越来越有"层次感"，体验 越来越有"舒适感"，环境越来越有"归属感"。 "2025年度北京十大商业品牌"由北京稻香村、北京华天、北京SKP、三里屯太古里、菜百首饰、京东、美团、泡泡玛特、吴裕泰、小米共10家品牌问鼎。这 些品牌涵盖商场/购物中心、潮玩、餐饮、专业店、电商 ...

本文源自：金融界AI电报 香港交易所信息显示，摩根大通在美团-WH股的持股比例于01月12日从4.88%升至5.01%，购买的平均 股价为104.3969港元。 ...

编辑丨安安 作者丨彭鑫 继京东之后，又一互联网平台美团切入汽车销售领域。2026年1月15日，上海喜车未来智能科技有限公 司与美团在上海签署战略合作协议。双方将整合汽车产业与本地生活服务优势，共同构建"买车用车 +本地生活"一站式服务平台。（新浪财经） ...

北京商报讯（记者 王维祎）1月16日，由北京市商务局指导，北京日报报业集团和北京市商业联合会共同主办，北京商报社承办的2026北京商业品牌大 会暨2025年度（第二十一届）北京十大商业品牌揭晓活动在北京国际饭店成功举办。本次活动以"新需求 新供给"为主题，政府领导、商业专家及企业 高层代表齐聚一堂，共同见证了代表北京商业最高水平的"2025年度北京十大商业品牌"等优秀品牌案例的揭晓。 北京稻香村 一方酥点藏山水，半口清甜载岁时。它不只是糕点铺，更是生活美学馆。百年字号以匠心重塑新中式风尚，让传统手艺在当代焕发诗意新生。 北京华天 它为餐饮老字号写下开放且年轻的新注解。从"餐饮天团"到科技赋能新场景，它让老北京的传统风味与数字时代握手，在守正中开拓新场景。 "2025年度北京十大商业品牌"主要表彰年度表现最为突出、引领行业发展方向的10家商业品牌，它们代表了年度北京商业发展的最高水平，拥有丰富的 品牌内涵和外延。北京稻香村、北京华天、北京SKP、北京三里屯太古里、菜百首饰、京东、美团、泡泡玛特、吴裕泰、小米10家品牌荣登"2025年度 北京十大商业品牌"。 以下为榜单详情： 北京SKP 它是全球首发中心的"首店 ...