Group 1 - Novo Nordisk's semaglutide sales reached 250.84 billion yuan in 2025, with a year-on-year growth of over 10% [5] - The sales breakdown includes 127.09 billion Danish kroner for Ozempic, 79.11 billion for Wegovy, and 22.09 billion for oral semaglutide [5] - In China, the total sales for all three semaglutide products amounted to 6.81 billion Danish kroner (approximately 7.49 billion yuan) [5] Group 2 - The Hong Kong High Court rejected Xu Jiayin's appeal regarding the appointment of a receiver and ordered him to pay 1.2 million HKD in legal fees by February 20 [6] - The National Healthcare Security Administration is conducting collective interviews with mental health insurance institutions to strengthen management and combat misuse of insurance funds [6][7] Group 3 - Panasonic's CFO announced potential layoffs could expand to 12,000 employees, following a previous plan to cut 10,000 jobs globally [8] - Multiple small and medium-sized banks have announced increases in deposit rates ahead of the Spring Festival, while some banks have opted to lower rates [8] Group 4 - Walmart's market capitalization surpassed 1 trillion USD, with a stock price increase of over 24% in the past year [10] - PayPal announced that Enrique Lores will take over as CEO on March 1, aiming to enhance execution efficiency and advance strategic initiatives [11] Group 5 - AMD reported a fourth-quarter net profit of 2.52 billion USD, with a year-on-year growth of 42% and revenue of 10.27 billion USD, exceeding market expectations [23] - Alphabet's fourth-quarter net profit was 34.455 billion USD, a 29.8% increase year-on-year, with total revenue of 113.83 billion USD [21]

为了让老年人用得顺手，平台打通了养老助残卡在线支付功能。龙潭街道办事处副主任张猊表示，希望 通过数字化赋能养老助餐，让老年人线上下单安心、支付放心、用餐省心。 来源：北京日报 "有了这个，我们生活方便多了，下雪刮风、走路不方便的时候，都能用手机下单订餐，定点就给送到 家门口。"龙潭街道居民蔡淑荣老人感慨。 如何让老年人在家门口就能吃上一口热乎、健康、实惠的饭菜，成为养老服务的重要课题。《北京市养 老服务条例》提出，鼓励采用市场运作、志愿服务等多种方式，支持餐饮企业、物业服务企业、互联网 平台企业、志愿服务组织和志愿者为老年人提供送餐服务。在此背景下，七鲜小厨打造了一套养老助餐 解决方案，目前已在东城区长保大厦店、君来江南店等门店率先落地。 记者昨天获悉，京东旗下七鲜小厨日前成为北京市首家正式备案的线上专供养老助餐点，部分门店已经 同步上线"长辈专区"，为北京老年人提供健康、便捷的用餐新选择。 ...

Core Insights - The upcoming Spring Festival is expected to see a surge in consumer demand, with e-commerce platforms leveraging technology and promotional activities to stimulate spending [1][3] Group 1: Consumer Trends - Smart technology products are becoming popular choices for New Year purchases, with significant sales increases in categories like home appliances, including a 121% rise in robot vacuum sales and a 114% increase in embedded steam oven sales [2] - A survey indicates that 45.6% of consumers prioritize gifts for parents and elders during their initial New Year shopping, focusing on health and safety [3] - The trend of "instant purchasing" is emerging, with consumers opting for immediate purchases rather than stockpiling goods [2] Group 2: Service Consumption - Traditional services such as haircuts and cleaning are experiencing high demand, with beauty services seeing a 78% increase in search volume for hair dyeing packages [4] - The home cleaning service sector is also booming, with a doubling of orders for routine cleaning services in major cities [4] Group 3: Technological Integration - E-commerce platforms are actively developing AI applications to enhance the shopping experience, such as Meituan's AI search feature and JD's AI New Year goods map [5] - AI is expected to play a significant role in personalized recommendations and inventory management, potentially transforming consumer engagement and operational efficiency [6] Group 4: Innovative Products and Promotions - New trends in gift-giving include blind box toys and culturally themed products, with 65.6% of consumers planning to purchase zodiac-themed gift boxes [7] - E-commerce platforms are implementing various promotional strategies, including discount coupons and live-streaming sales, to further boost consumer spending [7][8]

二、9568亿版图怎么来？六家上市公司撑起半壁江山 大家可能好奇，9568亿的资本版图是怎么算出来的？这可不是凭空捏造，而是京东系已上市、待上市资 产的总估值总和。咱们掰着指头算一算： 已经稳稳落地的六家上市公司（含已退市统计口径）各有千秋：2014年上市的京东集团是核心底盘，最 新市值412.29亿美元（约合3000亿人民币）；2020年港股上市的京东健康、2021年上市的京东物流，还 有2025年12月刚登陆港股的京东工业，这三家市值加起来超4000亿；再加上曾经上市的达达集团、德邦 股份，就算剔除退市影响，核心上市资产也已经撑起了大半江山 。 再加上即将上市的京东产发（估值超1200亿），以及刘强东个人620亿的身家（2026年1月福布斯数 据），整个商业帝国的规模刚好冲到9568亿人民币。更厉害的是，京东集团2025年第三季度净营收就达 2991亿元，活跃用户突破7亿，核心业务的稳健增长，也让这份版图更有底气 。 最近商界最火的消息莫过于刘强东的新动作！网友们刷到"京东系要添第七家上市公司"的消息，直接炸 开了锅："东哥这商业版图也太能扩了！""9568亿的盘子，这是要垄断物流基建半壁江山？" 从京东 ...

Market Overview - The Dow Jones Industrial Average increased by 0.43% to 49,454.63, while the Nasdaq Index decreased by 0.17% to 23,215.58, and the S&P 500 rose slightly by 0.07% to 6,922.99 [1] - The Nasdaq 100 saw a decline of 0.40% to 25,238.22 [1] Major Technology Stocks - AMD experienced a significant drop of 11.00% [2] - SanDisk fell by 6.89% [2] - Oracle decreased by 3.72% [2] - Facebook (Meta Platforms) declined by 1.46% [2] - Broadcom saw a decrease of 1.16% [2] - NVIDIA and Amazon also experienced minor declines of 0.67% and 0.33% respectively [2] Chinese Concept Stocks - Major Chinese concept stocks collectively declined, with Kingsoft Cloud dropping over 5% [3] - Ctrip Group, NetEase, and Bilibili each fell by over 4% [3] - Baidu Group and Futu Holdings decreased by over 3% [3] Detailed Performance of Chinese Stocks - Kingsoft Cloud fell by 5.45% to 12.414 [4] - Ctrip Group decreased by 4.84% to 57.550 [4] - NetEase dropped by 4.20% to 122.970 [4] - Baidu Group declined by 3.60% to 139.640 [4] - Futu Holdings decreased by 3.52% to 154.155 [4] - Other notable declines include XPeng Motors (-2.10%), Tencent Music (-1.98%), and JD Group (-1.41%) [4]

新业务环比减亏，外卖单量健康增长：2025Q4 公司新业务整体表现超出预期，亏损环比收窄。其中外 卖业务UE 持续改善，单量环比健康增长；预计京喜和国际业务亏损环比小幅扩大，但仍处于可控区 间。 2026 利润有望修复，外卖减亏趋势延续：展望2026 年，国补政策刺激效应将继续减弱，消费品以旧换 新补贴总额预计将有所收紧，覆盖品类减少。公司整体利润受到外卖减亏的影响有望逐步修复。公司外 卖单量预计维持健康增长，UE 持续提升，亏损有望进一步收窄；京喜和国际业务方面，公司将增加投 入以拓展长期增长空间。 盈利预测与投资评级：考虑公司零售业务因国补退坡面临阶段性压力和外卖业务的持续投入，我们下调 盈利预测，将2025-2027 年的EPS（Non-GAAP）由9.7/12.1/14.6 元调整为8.3/9.1/11.2 元， 对应2025- 2027 年的PE 分别为11.9/10.8/8.8 倍（港币/人民币=0.89，2026 年2 月2 日）。考虑公司外卖业务减亏趋 势明确，维持"买入"评级。 风险提示：宏观经济及消费复苏不及预期，新业务发展不及预期，行业竞争加剧。 投资要点 营收预计微增，短期利润由于外卖 ...

文/黄河 出品/《商业文化》 1月26日，京东产发正式向香港联交所递交A1申请文件。 这是京东产发时隔三年再次递表港交所。新的招股书，将京东产发定义为"中国和亚洲领先、增长最快的现代化基础设施开发及管理平台"。 根据招股书的数据，截至2025年9月30日， 京东产发资产管理规模总额为1215亿元，其中12.8%位于境外，总建筑面积为2710万平方米，在亚太地区及中国 新经济领域的现代化基础设施提供商中，分别位列前三及前二。 但招股书之外，京东产发仍然必须在"依赖京东"和"绝对独立"之间寻找平衡。这意味着本次IPO不仅是京东产发的成人礼，也是事关1200亿物流资产的价值 校正。 | | | 截至12月31日止年度 | | | | 截至9月30日止九個月 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2023 % | | 2024 % | | 202495 | | 2025 0 | | | | V 16 48 | ﺑﻦ | 人民警 | হাই | 人民警 | ﺑﻲ | 人民管 | 4 | | | | | | (人民警手元 · 任 ...

Group 1: Company Updates - Gong Youliang, the director and executive vice president of South Mining Group, plans to reduce his stake by up to 1%, amounting to 2.0172 million shares, due to personal funding needs [1] - Changan Automobile reported January sales of 134,701 units, a year-on-year decline of 51.14%, with new energy vehicle sales at 36,621 units, down 45.74% [1] - Yum China achieved fourth-quarter revenue of $2.82 billion, an 8.8% year-on-year increase, with adjusted earnings per share of $0.40, surpassing estimates [3] - Toyota plans to increase hybrid vehicle production by approximately 30% by 2028, targeting 6.7 million units, compared to a production plan of 5 million units for 2026 [4] - Panasonic announced the establishment of a Chief Artificial Intelligence Officer position to enhance AI application in customer solutions and internal operations [5] Group 2: Financing and Investments - Cloud Data Infrastructure provider "Yunqi Technology" completed a Series B financing round led by ALC Capital, with total funding exceeding 700 million yuan [6] Group 3: New Products and Innovations - Tencent's Mix Yuan AI Infra team launched an open-source high-performance LLM inference core operator library, HPC-Ops, which improved model inference performance by 30% for Mix Yuan and 17% for DeepSeek [7]

2026年初，京东与中兴通讯签署了一份引人注目的战略协议。 协议设定了未来三年内，中兴旗下全系列产品在京东平台实现百亿销售额的目标。 媒体将这场合作形容为一份厚重的"彩礼"，双方高层的握手合影也传递出强烈的结盟信号。但如果我们仅仅将其解读为一次规模更大的 销售合作，就可能错过了背后更重要的商业逻辑上的变化。 在智能手机市场竞争已经高度白热化，电商平台之间价格战、流量战日趋激烈的今天，两家行业巨头选择以"全国总代理"这种深度绑 定、近乎一体化的模式进行合作，这本身已值得深思。 它们的目的显然不止于在现有格局下卖出更多商品，那么，驱动它们做出这一选择的根本力量是什么？ 我们认为，理解这一切的关键，在于一个看似平凡却至关重要的概念：确定性。 对于中兴而言，这次合作是一次针对自身财务与战略不确定性的、高度理性的风险对冲。对于京东而言，这标志着它正在将其庞大的供 应链、物流和数据能力，打包成一种名为"确定性"的全新解决方案进行出售。 这场联姻，是一家企业在转型阵痛中寻求安全垫的财务自救，与另一个平台在竞争红海中构建新壁垒的生态野心之间的匹配。 中兴的"确定性"自救 首先，我们看中兴通讯现在所经历的情况，用一个词表示，大 ...

【天极网手机频道】2026年开年，中国手机市场已步入存量竞争深水区，成本压力与市场分化构成行业 核心挑战。随着价格战的硝烟逐步散去，中国手机市场的竞争逻辑已完成根本性迭代：单纯的参数堆砌 与低价倾销，早已无法撬动成熟用户的决策，围绕"人"的精准争夺战，成为当前市场竞争的核心主线。 在这样的背景下，京东创新性推出以影像爱好者、高端商务人士、男大学生、女大学生、游戏电竞 爱好者为划分维度的每周手机销量榜单，目前五类榜单已全部更新。这份依托平台真实销售数据与精准 人群画像的榜单，不仅为消费者提供了高效直观的购机指引，更成为厂商洞察人群需求、优化战略定位 的核心依据，更清晰地反映出，手机厂商与渠道对用户的精细化拓展，正成为行业关注的核心方向。 这份榜单的核心价值，在于打破了传统榜单的"模糊性"，实现了"人群与产品"的精准锚定。对厂商 而言，它更像一面"精准镜像"，清晰映照出品牌在不同人群中的渗透深度与竞争短板，为精细化用户经 营提供了扎实的数据支撑。接下来，我们将结合上期榜单数据与头部品牌实践案例，剖析厂商与渠道在 用户端的核心实践，探寻这些实践对2026年行业发展的指导意义。 一、五大人群赛道格局初显，榜单映照品牌 ...