但随后，华为盘古大模型（Pangu Pro MoE 72B）被指与阿里巴巴通义千问 Qwen-2.5 14B 模型参 数结构"惊人一致"，引发了关于技术原创性与开源合规性的讨论。 6 月 30 日，华为公司宣布开源盘古大模型（Pangu Pro MoE 72B）和基于昇腾的模型推理技术，并 对外公布相关研究论文。对此，华为表示，此举是华为践行昇腾生态战略的又一关键举措，推动大 模型技术的研究与创新发展，加速推进人工智能在千行百业的应用与价值创造。 质疑的提出 7 月 4 日，一项发布于 GitHub 的研究指出，华为盘古 Pro MoE 模型采用了 LLM - Fingerprint（模 型指纹技术），与阿里通义千问 Qwen-2.5 14B 模型的注意力参数分布存在高度相似性，平均相关 性达 0.927，显著超出模型间正常差异范围，指向"非独立开发"的可能性。 - EOF - 推荐阅读 点击标题可跳转 1、 DeepSeek 对明星道歉上热搜！网友：首次看到 AI 被摁头道歉，笑不活了 2、 腾讯：鸿蒙架构特殊，微信适配必须从零重写代码 7 月 4 日，盘古大模型团队在 GitHub 中进行了回应，否认抄袭 ...

（图片来自豆包AI 提示词女孩喝饮料） 7月5日晚间，阿里、美团上演了外卖大战！ 两大平台放出了大量且大额的外卖红包券，其中包括"满25减21""满25减20""满16减16"等多张无门槛的外卖券，甚至部分外卖还能"零元购"。 随着优惠券的发放，不断有用户涌入阿里、美团两大平台下单，导致美团一度出现宕机。美团内网公布的信息显示，截至7月5日22时54分，美团即时零售当日订 单已经突破了1.2亿单，其中餐饮订单已超过1亿单。 这场大战，可能源于阿里宣布下场加入外卖补贴引发： 7月，阿里主动打出第一炮，淘宝闪购补贴500亿重金冲击美团； 本文内容由见闻研究团队原创，投资者可以添加微信号"jwzhujiao7"领取7天会员体验资格，并加入会员投研交流群，和研究团队一起发掘全球市场机会。 发生了什么？阿里闪击 3日，阿里巴巴突发公告，宣布一笔120亿港元的零息可交换债券用于公司一般用途。投资者认为，这是一次阿里变相"减持"阿里健康股份的商业策略，融资 之后资金的用途仅剩下两个： AI基础设施和热火朝天的外卖大战。 打惯了各种攻防战的 美团，一方面跟进补贴维持战况和用户心智，另一方面主动进行战略收缩 ，把精力和资源投入 ...

Core Insights - The article highlights the rapid development of the Nanjing Jianye High-tech Zone as a hub for major internet companies, particularly Alibaba and Xiaomi, which are establishing significant operations in the area [1][2][4] Group 1: Company Developments - Xiaomi has established its East China headquarters in Nanjing, with a focus on creating an "innovation community" and a "digital economy ecosystem" [3][4] - Alibaba has invested over 60 billion yuan in various projects in Nanjing since 2016, including e-commerce, logistics, and local services [4][6] - The Nanjing Xiaomi team has been instrumental in the successful launch of the Xiaomi MIX Flip foldable phone, which has seen high demand and a significant user base shift from iPhone [4][6] Group 2: Economic Impact - The digital economy's contribution to the GDP in Jianye High-tech Zone has surpassed 50% in the past five years, with projected revenue from core digital economy industries reaching 60 billion yuan in 2024 [7][8] - The establishment of the provincial medical insurance data empowerment laboratory in Jianye High-tech Zone is recognized as a national key demonstration scenario [7] - The area has attracted over 1,800 digital industry-related enterprises, forming several clusters across various sectors, including digital resources and services [6][8] Group 3: Future Initiatives - Jianye District aims to develop an "artificial intelligence+" industry, with plans to create a community for AI model developers and provide substantial resources for startups [8] - By 2027, the district expects to generate over 100 billion yuan in revenue from digital economy core industries and attract over 100,000 new talents [8]

2025.07. 06 本文字数：3250，阅读时长大约5分钟 作者 | 第一财经 陆涵之 陈杨园 巨头相争 美团的加码或受竞争者的刺激。 7月2日，淘宝闪购宣布上线两月日订单突破6000万，并以巨大流量反哺线下，同时官宣将在12个月 内直补消费者及商家共500亿。对手加码后，美团在7月5日的冲击属于是对竞争对手的"接招"。 淘宝闪购在加速冲刺更高的日单量。4月30日正式上线以来，淘宝闪购六天实现了日订单超过1000 万单，6月23日，日订单又突破6000万单。 一位接近阿里的人士告诉第一财经记者，周末"冲锋"是淘宝闪购的惯用打法之一，日订单量的新高 峰常在周末达成。数据显示，7月2日补贴上线首日，淘宝闪购餐饮连锁品牌和中小商家生意分别环 比增长170%和140%，拉动咖啡、饮品、甜品、小吃、西式快餐等多品类美食订单量环比增长超过 150%，刺激下午茶、夜间等多场景订单增长超过170%。 知情人士对第一财经记者表示，7月5日，淘宝闪购的餐饮订单和零售订单的确突破了新高峰，已向 6000万单后的下一个台阶迈进。 有消息称，美团"闪击"阿里的决定是7月5日临时作出的。当日上午，美团外卖业务相关执行团队突 然接到通 ...

社会服务 社会服务 2025 年 07 月 06 日 投资评级：看好（维持） ——行业周报 | | | | | 初敏（分析师） 李睿娴（分析师） 程婧雅（联系人） | | | | --- | --- | --- | --- | --- | --- | --- | | 社会服务 | | | 沪深300 | chumin@kysec.cn | liruixian@kysec.cn chengjingya@kysec.cn | | | 58% | | | | 证书编号：S0790522080008 | 证书编号：S0790525020004 证书编号：S0790123070033 | | | 43% | | |  | | 旅游/潮玩：暑期国内主题乐园预订热度高增，三丽鸥角色大赏排名出炉 | | | 29% | | | | 根据去哪儿，2025 | 年暑期国内主题乐园订单量同比增长七成，其中北京环球影城、 | | | 14% | | | | 上海迪士尼乐园等全球 | 巨头延续亮眼表现，暑期周边酒店及民宿预订量同比增 IP | | | 0% | | | | 长约四成。特色本土 | IP 乐园凭借消费热点翻红，其中泡泡 ...

Core Viewpoint - The intense competition between Alibaba and Meituan in the food delivery sector has escalated into a significant subsidy war, driven by Alibaba's large-scale subsidy plan aimed at increasing order volume and market share [1][2]. Group 1: Background of the Battle - The subsidy war was triggered by Alibaba's announcement on July 2 of a 50 billion yuan subsidy plan to attract consumers and merchants through substantial discounts and commission reductions [1]. - Alibaba set July 5 as "Order Surge Day," aiming for peak order volumes between 90 million and 100 million within 2-3 months to match Meituan's order levels [1]. Group 2: Strategies Employed - Alibaba issued a series of high-value, no-threshold discount coupons such as "25 off 21" to draw in consumers [1]. - In response, Meituan quickly launched its own set of attractive coupons, including "25 off 20" and "16 off 16," with some offers allowing for "zero-cost purchases" to maintain its market leadership [1]. Group 3: Battle Outcomes - The influx of users taking advantage of the discounts led to Meituan's app experiencing server overload, resulting in temporary service disruptions and coupon issues [2]. - As of July 5, Meituan reported over 120 million orders for the day, with more than 100 million being food delivery orders, indicating a significant increase in order volume due to the competition [2]. Group 4: Nature and Impact of the Battle - The price war fundamentally aims to capture high-frequency traffic and convert food delivery users into customers for higher-margin businesses like e-commerce and travel [3]. - While platforms may face short-term losses, there is potential for achieving moderate profitability or breakeven in the long run as competition stabilizes [3]. - Consumers benefit from lower prices, but the ongoing price competition will increase resource and profit pressures among platforms, potentially shifting future competition from "subsidy battles" to "ecosystem collaboration" [3].

Core Viewpoint - Alibaba is launching a massive subsidy plan of 50 billion yuan for Taobao Flash Sale, aiming to strengthen its position in the instant retail and food delivery market, with a goal to surpass Meituan in order volume within 2-3 months [3][5][19]. Group 1: Subsidy Plan Details - The 50 billion yuan subsidy plan is one of the largest in the history of the food delivery sector, targeting both consumers and merchants [5][6]. - For consumers, the plan includes large red envelopes, free meal cards, and official subsidized products across high-frequency categories like electronics, beauty, and fresh produce [5][6]. - For merchants, Taobao Flash Sale will offer store subsidies, product subsidies, delivery subsidies, and commission reductions to lower operational costs and ensure profit margins [5][6]. Group 2: Growth and Market Impact - Taobao Flash Sale has seen explosive growth, with daily orders increasing from 40 million on May 26 to 60 million by June 23, representing a year-on-year increase of 179% [6][7]. - The overall order volume in the instant retail market has risen from 100 million to 160 million daily, marking a 60% increase [6]. - The platform's success has created new growth opportunities across various categories, including beverages, apparel, and home goods, with some brands experiencing order increases of over 200% [6][7]. Group 3: Strategic Moves - The subsidy plan is part of Alibaba's broader strategy to transition from a comprehensive e-commerce platform to a "big consumption platform" [9][14]. - Recent organizational changes, including the integration of Ele.me and Fliggy into Alibaba's e-commerce division, aim to create a seamless shopping experience across different consumption scenarios [11][12]. - Alibaba's ultimate goal is to enhance user engagement and frequency of purchases by building a closed-loop ecosystem of "product retail + lifestyle services" [15]. Group 4: Merchant Benefits - The subsidy plan is expected to provide a new business opportunity for merchants, encouraging a shift from price competition to quality and brand development [17][18]. - The plan will lower the entry barriers for small and medium-sized brands into the instant retail market, allowing them to expand their service radius and increase sales [18]. - If Taobao Flash Sale successfully matches Meituan's order volume, merchants could see significant growth in revenue and profits [19].

Core Insights - The article highlights significant developments in the global market, focusing on companies expanding their international presence and innovative product launches, particularly in e-commerce and electric vehicles. Group 1: E-commerce Developments - TikTok Shop launched in Japan, allowing users to buy and sell products directly within the app, enhancing the shopping experience through video and live streams [2][3] - TikTok Shop's summer promotion in Europe saw a peak daily GMV increase of 200%, with top merchants in the UK experiencing over 600% growth [5][6] - Temu resumed advertising on Meta and Google platforms after a pause, significantly increasing its active ads from 4 to over 900 [7][8][9] - AliExpress in South Korea surpassed 9 million active users, aided by the launch of a travel channel offering extensive booking options [11] Group 2: Automotive Industry Expansion - BYD's first vehicle rolled off the production line at its new factory in Brazil, with plans to produce 150,000 electric and hybrid vehicles annually [22] - Geely signed a distribution agreement to enter the Italian market, launching two electric vehicle models despite Italy lagging in EV adoption compared to other European countries [16][17] - The Chinese government is promoting the export of used cars, aiming to develop a healthy second-hand car market [28] Group 3: Technology and AI Investments - Morgan Stanley reported that Elon Musk's xAI raised $10 billion, including $5 billion in strategic equity investment, to support AI development [46] - Siemens announced the lifting of U.S. export restrictions on chip design software to China, restoring full access for Chinese clients [29] Group 4: Global Market Trends - PwC forecasts that Hong Kong will reclaim the top spot for IPO fundraising globally in 2025, with over 200 companies already applying to list [44] - Cato Networks raised $359 million in funding, achieving a valuation exceeding $4.8 billion, focusing on AI-driven security solutions [51][56]

Core Viewpoint - The competition among major players in the instant retail market has intensified, with Meituan's recent actions being a direct response to rivals like Alibaba's Taobao Flash Sale and JD.com, marking a critical battle for market dominance in the "instant retail + e-commerce + services" sector [1][2][3] Group 1: Competitive Actions - On July 5, Meituan announced that its daily order volume for instant retail surpassed 120 million, significantly outpacing Taobao Flash Sale's target of 90 to 100 million orders [1][11] - Taobao Flash Sale had previously reported reaching 60 million daily orders and announced a substantial subsidy plan of 50 billion yuan over the next 12 months to boost consumer and merchant engagement [3][5] - The competition is not merely about numbers; it represents a strategic struggle for control over future market entry points among Meituan, Alibaba, and JD.com [2][6] Group 2: Market Dynamics - The instant retail market in China reached a scale of 650 billion yuan in 2023, reflecting a year-on-year growth of 28.89% [8] - The competition has evolved from simple price wars to a more complex battle involving supply chain capabilities, instant delivery efficiency, and user experience [8][14] - The current competitive landscape is characterized by a "three-legged" rivalry among Meituan, JD.com, and Taobao Flash Sale, with each platform seeking to enhance its market position through various strategies [8][13] Group 3: Consumer Impact - Consumers have responded positively to the large subsidies offered by platforms, leading to a surge in order volumes, with some users expressing excitement over the discounts available during the recent competitive events [10][12] - However, there are concerns that such aggressive subsidy strategies may lead to long-term price dependency among consumers, potentially resulting in a sharp decline in order volumes once subsidies are reduced [13][14] Group 4: Industry Implications - The ongoing subsidy war has implications for the overall market ecosystem, with smaller merchants facing increased pressure while larger brands leverage their financial strength to capture market share [13] - Regulatory bodies have begun to address the competitive practices within the industry, emphasizing the need for fair competition and the protection of consumer rights [13][14] - Analysts suggest that platforms should focus on technological innovation and differentiated strategies rather than solely relying on subsidies to ensure sustainable growth and a balanced market environment [14]

潮新闻客户端 记者 祝瑶 黄伟芬 10块钱过一天！外卖平台疯狂发满减券，你快乐周末了吗？ 胖并快乐着。 "十块钱，搞定了三顿！"昨晚临睡前，家住滨江区的潘师傅收了最新群消息，"快去抢大额补贴券。"一顿猛如虎的操作之后，潘师傅用券凑好了一日三顿， 只等着外卖小哥送上门了。 受访者供图 单子太多，准备今天晚上加班 7月5日是暑期消费旺季正式开启后的第一个周末，也是外卖消费的传统促销季。各家平台同样火力全开，淘宝闪购、美团不断放出大量大额优惠券，其中包 括了"无门槛的18元券"、"满25减21""满16减16"等券。网友们的热情，火速把服务器干崩了。 昨天晚上8点多，美团外卖回应服务器问题，"7月5日下午6点前后，因用户下单量突破历史峰值，触发了服务器限流保护，美团App小范围地区用户出现了 短时服务异常，现已全面恢复，大家可以正常下单。" 有人说，这个周末，简直过得比上班还忙："忙着在各个店'窜来窜去'买东西。""反正我已经预约到不知道哪一天了。""思路打开，除了买菜，还可以买鸡 蛋、买饮料。""有种当年淘宝卡着12点买东西的感觉。" 赶在有效期前，家住拱墅区的汪先生直接把淘宝闪购的"满15减12"用在了盒马订单 ...