Core Viewpoint - JD.com is expanding its discount supermarket model, with plans to open five new stores in Jiangsu and Hebei, aiming to offer prices generally lower than market norms [3][4]. Group 1: Company Developments - JD.com will open five discount supermarkets in August, with the first store in Zhuozhou covering an area of 5,000 square meters [3]. - The discount supermarket model was piloted by JD.com in Beijing last year, with two stores launched in Fangshan in June and December [4]. Group 2: Industry Trends - E-commerce platforms are increasingly focusing on the discount supermarket format this year, with Meituan's "Happy Monkey" project set to open its first store in Hangzhou by the end of August, targeting a total of 1,000 stores [4].

Core Viewpoint - The upcoming Q2 earnings reports of Chinese internet giants are expected to show a divergent performance, with overall profits projected to decline by 10% year-on-year, marking the first drop since Q2 2022, primarily due to the struggles in e-commerce and local service platforms, while AI cloud services and gaming sectors are anticipated to provide support for some companies [1] Group 1: AI Cloud Business Growth - The AI cloud business of Chinese internet giants is expected to see significant acceleration in growth during Q2, with Alibaba Cloud's revenue growth forecasted to increase from 18% in Q1 to 23%, although still lagging behind Google Cloud's 32% and Microsoft Azure's 39% [2] - This growth is driven by a surge in AI inference demand and rapid development of AI applications, with ByteDance processing 15 trillion tokens daily in June, while Alibaba processes around 4-5 trillion tokens [2][3] Group 2: Impact of Intense Competition in Food Delivery - Intense competition in the food delivery market is a major drag on platform profits, with Alibaba's EBITA expected to decline by 16%, and Meituan and JD's EBIT projected to drop by 58% and 70%, respectively [4] - Alibaba's food delivery business is estimated to incur losses of 11 billion yuan in Q2, which may expand to 19 billion yuan in Q3, while JD's food delivery business is expected to lose over 10 billion yuan in Q2 [4] - The competition extends beyond traditional food delivery to instant shopping, with Alibaba's peak daily order volume reaching 15 million and Meituan's at 20 million, further intensifying market rivalry [4] Group 3: Performance Divergence Among Platforms - Despite overall profit pressures, gaming and ride-hailing sectors are expected to show strong growth, with Tencent projected to achieve an 11% revenue increase and a 15% adjusted EBIT growth in Q2 [5] - JD is expected to report a 16% revenue growth, significantly outperforming the overall retail sector, but its adjusted EBIT is forecasted to decline by 70% [5][6] - Didi is anticipated to maintain growth in a stable market environment, with a projected 8% revenue increase and a 32% adjusted EBIT growth [6]

Group 1 - JD is set to launch its first large discount supermarket in China, located in Zhuozhou, Hebei, with an opening date of August 16 [1] - The supermarket will cover an area of 5,000 square meters and offer over 5,000 high-quality daily consumer goods at prices generally lower than market levels [1] - JD has previously piloted discount supermarkets in Beijing's Fangshan District, where two stores were opened, integrating online and offline shopping experiences [1] Group 2 - The global discount supermarket sector is experiencing rapid growth, driven by consumer demand for high cost-performance amid inflation and economic fluctuations [2] - The hard discount market in China is projected to exceed 200 billion yuan in 2024, with a penetration rate of only 8%, indicating significant growth potential [2] - Competitors are entering the discount supermarket space, including retail giant Wumart Group and snack brands like Wancheng Group, which are launching their own discount stores [2] Group 3 - Traditional supermarkets are also adapting to the discount supermarket trend, with Hema X membership stores undergoing adjustments and Hema NB becoming a core format, having opened 263 stores as of July 15 [4]

Group 1 - The U.S. stock market saw a collective decline, with the Dow Jones down 0.14%, Nasdaq down 0.65%, and S&P 500 down 0.49%. Major tech stocks like Microsoft, Meta, and Broadcom fell over 1%, while Intel rose over 3% and Amazon nearly 1% [3] - The U.S. trade deficit for June was reported at $60.2 billion, better than the expected $61 billion and down from the previous $71.5 billion [3] - COMEX gold futures rose by 0.25% to $3435 per ounce, while silver futures increased by 1.36% to $37.835 per ounce [4] Group 2 - The People's Bank of China and six other departments issued guidelines to support new industrialization, emphasizing long-term financing for key manufacturing sectors such as integrated circuits and medical equipment [7] - The China Passenger Car Association slightly raised its annual forecast for 2025, predicting retail sales of 24.35 million passenger cars, a 6% increase, and exports of 5.46 million units, a 14% increase [8] - The China Machinery Industry Federation called for fair competition in the photovoltaic industry, urging companies to avoid dumping products below cost and focus on quality and innovation [9] Group 3 - The Chinese government allocated 1.015 billion yuan to support agricultural recovery in disaster-affected areas [10] - The former chairman of China Aviation Industry Corporation was prosecuted for corruption and insider trading [11] - NIO's new model, the L90, achieved 1,976 deliveries within three days of its launch, indicating strong market demand [18] Group 4 - Tesla's board approved a stock award for CEO Elon Musk valued at approximately $29 billion, contingent on his continued leadership until 2027 [15] - Li Auto announced a price reduction for its i8 model to 339,800 yuan, aiming to enhance market competitiveness [19] - JD.com is preparing to apply for a stablecoin license in Hong Kong, countering rumors of exiting the market [20]

Group 1 - The core viewpoint of the articles highlights the increasing investment activity in the field of embodied intelligence by major internet companies, particularly JD.com, which has made multiple investments in this sector over the past three months [2][3][5] - JD.com has invested in various companies across the entire supply chain of embodied intelligence, including robotics, core components, and interaction models, indicating a strategic focus on enhancing its service ecosystem through these technologies [3][4] - Other major players like Alibaba, Meituan, and Tencent are also actively investing in embodied intelligence, with Meituan having invested in 30 related companies over the past three years, showcasing a competitive landscape among these tech giants [5][6] Group 2 - The financing landscape for embodied intelligence has seen a significant surge, with over 83 financing events reported globally in the humanoid robotics sector this year, totaling over 14 billion yuan, and Chinese companies accounting for 60% of this funding [7] - The trend of increasing investments is expected to continue, with projections indicating that the number of humanoid robot companies may double in the coming months, further driving the growth of the industry [7][8] - Despite the influx of capital, industry experts note that while industrial robots have reached maturity, embodied intelligence is still in its conceptual phase, raising questions about the practical outcomes of these investments [7]

《商道创投网》2025年8月5日从官方获悉：帕西尼近日完成了由京东战略领投，浦耀信晔、宏兆基金、 张科垚坤、新国都、北京昌平先进能源制造产业直投基金、财鑫资本、复琢投资联合跟投的10亿元A轮 融资；湖南财信产业基金、钧犀资本、TCL创投、毅达资本等老股东持续加码，庚辛资本中国继续担任 独家战略财务顾问。 《商道创投网》创业家会员·单位简介： 《商道创投网》创业家会员·本轮融资用途是什么？ 帕西尼创始人兼CEO许晋诚表示："本轮资金将主要用于三方面：一是继续加大霍尔阵列芯片与触觉传 感器的迭代研发投入，突破更高集成度与更低功耗；二是扩建Super EID Factory，提升数据采集规模与 质量，夯实具身智能数据底座；三是携手京东、比亚迪等产业伙伴，加速在智能物流、汽车制造、医疗 康养等场景的规模化落地，推动触觉感知成为机器人标配。" 《商道创投网》创投家会员·本轮投资原因是什么？ 京东集团副总裁、京东战投负责人胡宁峰表示："京东坚定布局未来实体智能，帕西尼拥有全球领先的 触觉感知技术与稀缺的全模态数据闭环，其传感器已率先在仓储拣选场景验证显著降本增效。团队兼具 芯片、算法与产业落地经验，与京东生态高度协同，我 ...

大会开幕当天，京东将举办"'链动未来'京东机器人产业主题活动"，邀请到包括智友雅瑞科科创平台发 起人、北航机器人研究所名誉所长王田苗教授，北京人形机器人创新中心CTO唐剑，千寻智能创始人兼 CEO韩峰涛，睿尔曼创始人郑随兵等在内的多位业内权威专家和知名企业家共襄盛举。此外，京东集团 3C数码事业群智能机器人业务部负责人还将与工信部赛迪院科技处处长兼机器人质量基础共性技术测 评，工信部重点实验室副主任董凯、蓝弛创投合伙人曹巍、松延动力董事长姜哲源、维他动力联合创始 人赵哲伦以及灵心巧手（北京）科技有限公司CTO周永等产业领袖展开深入对话，共同探讨"机器人产 业如何共振"这一重要议题。 活动期间，京东将发布推动机器人产业发展的重大战略计划，公布相关行业扶持政策，进一步深化与智 能机器人品牌的战略合作。这些举措将有力促进"智能机器人"产品的研发与应用，为消费者和行业创造 更加智能、便捷的美好体验。 8月8日至12日，2025世界机器人大会（WRC）将在北京经济技术开发区北人亦创国际会展中心盛大举 行。作为大会"独家全球战略合作伙伴"，京东将携手宇树科技、智元、天工、众擎、星海图、逐迹动 力、千寻、松延动力等全球顶尖 ...

Group 1 - The National Robot Industry Index rose by 1.6%, the Consumer Electronics Theme Index increased by 0.7%, the Intelligent Electric Vehicle Index went up by 0.3%, and the Internet of Things Theme Index climbed by 0.6% [1] - The E Fund Robot ETF (159530) saw a net subscription of 139 million shares today, with over 1.5 billion yuan net inflow in the past month, reaching a record high of 3.43 billion yuan in total size [1] - Paksini secured a new round of Series A financing led by JD.com, raising 1 billion yuan within four months, aiming to build a core ecological closed loop for embodied intelligence [1]

日前，有消息显示，京东达达事业部已于近期正式更名为本地生活服务事业群。该事业群下设：秒送 （含外卖）、酒旅、家政、研发、整合营销、中台等业务部门。被称为"老K"的郭庆继续担任负责人， 向京东集团兼零售CEO许冉汇报。 京东CEO许冉曾在京东财报业绩会上对于入局外卖解释称，外卖是即时零售场景下用户高频的业务之 一，在即时零售包括外卖业务上的投入，对于京东丰富消费场景、打造能力、满足用户的需求和提升用 户体验、加强用户活跃度等方面，都有积极的效果，可以跟京东现有业务产生巨大的协同价值。京东集 团董事局主席刘强东称，京东做外卖的逻辑是服务背后的生鲜供应链，将采用跟美团完全不同的商业模 式。 从外卖到酒旅：围绕本地生活的商业生态竞争 此前6月，达达集团宣布与京东集团的私有化交易完成，从美股退市。有业内评论认为，此次更名，标 志着达达彻底融入京东生态，进入发展新阶段，也意味着京东即时零售战略的进一步升级，形成"即时 零售+本地生活"的闭环生态。 不过，对于上述消息，南都记者向京东方面求证，但截至发稿时暂未给予回应。 从支援到主力：即时零售被提升至战略新高度 公开信息显示，达达在2014年由蒯佳祺创立，曾先后获得了红杉、 ...

8月5日，有媒体爆料称，今年8月京东将在江苏宿迁、河北涿州两地同时开设五家京东折扣超市，首个 涿州京东折扣超市门店面积达5000平方米，精选超5000款高性价比的民生商品，价格将普遍低于市场常 规售价。 对此，京东向南都N视频记者回应称，此消息属实。京东折扣超市官方账号发布视频中显示，涿州京东 折扣超市位于涿州君悦广场，定档在8月16日开业。据京东透露，京东折扣超市是国内首个大型折扣超 市业态。 根据京东折扣超市官方账号披露的信息，今年8月开业的五店分别在宿迁的泗洪吾悦、沐阳中央广场、 宿城希望城、泗阳阳光里，以及涿州的君悦。2025年京东折扣超市从北京出发，向河北、天津、江苏、 安徽、山东等下沉市场快速布局。 据京东透露，京东折扣超市是国内首个大型折扣超市业态。早在一年前，京东华冠折扣超市就率先在北 京进行了试点，分别在去年6月份和12月份在房山开出两家门店，并提供线下选购与线上便捷下单的双 重服务，消费者既可在门店直观感受商品即时提货，也可通过京东App等线上秒送入口轻松下单。 京东折扣超市在开设的区域、门店面积、SKU数量、线下运营优势上与目前行业内已有的折扣超市均不 相同，最核心的不同就是京东供应链上 ...