2 1 Shi Ji Jing Ji Bao Dao·2025-07-07 12:18Core Viewpoint - The latest round of the food delivery price war indicates that Meituan, as the industry leader, is expected to emerge as the final winner in market share despite high costs incurred during the competition [2] Group 1: Market Competition - JD's investment in the food delivery sector has exceeded market expectations, prompting aggressive responses from Meituan and Alibaba [2] - Meituan's daily orders surpassed 120 million as of July 5, with over 100 million being restaurant orders [2] - The ongoing price war is projected to lead to over $4 billion in losses for the industry in Q2, significantly higher than anticipated [2] Group 2: Market Share and Performance - Meituan maintains a market share of approximately 70%, while JD and Taobao hold 10% and 14% respectively [3] - The peak daily GMV for Meituan, JD, and Taobao is reported at 2.7 billion, 350 million, and 520 million yuan respectively [3] - Meituan's recent decision to downscale its community group buying business is expected to save around 6 billion yuan to focus on its core food delivery operations [3] Group 3: Impact on AI Development - The intense competition in the food delivery market is seen as unfortunate for tech companies, as it diverts resources away from AI development, which should be a priority [3][4] - The next significant moment in China's AI sector is anticipated to be the development of more powerful next-generation large models or mature AI agents [4]