Di Yi Cai Jing·2025-07-21 13:07Core Insights - The competition between JD.com and Meituan in the humanoid robot investment sector is intensifying, with both companies actively participating in significant funding rounds [1][2] - Both companies are not only investing capital but also leveraging their sales channels and resources to become enablers for the commercialization of humanoid robots [1][9] Investment Activities - Since the beginning of 2024, both JD.com and Meituan have invested no less than 100 million yuan in humanoid robot projects, often taking the lead in funding [2] - JD.com has led several funding rounds, including a nearly 600 million yuan Pre-A+ round for Qianxun Intelligent and a total of nearly 1 billion yuan for Zhongqing Robotics [6][8] - Meituan has also been active, participating in six investment rounds in the humanoid robot sector in 2024, including leading a 1.22 billion yuan funding round for Itstone Robotics [8] Strategic Partnerships - JD.com and Meituan are engaging with more humanoid robot projects beyond those publicly announced, indicating a broader strategy to secure partnerships that can provide orders and data [1][9] - JD.com has established a "Smart Robot Business" department and signed contracts with over 30 intelligent brands to promote sales on its platform [9][10] Market Positioning - Both companies have secured investments in leading humanoid robot firms, with valuations exceeding 10 billion yuan for companies like Zhiyuan Robotics and Yushun Technology [8] - The real-world application of robots in various sectors, such as retail and logistics, is seen as a critical factor for their commercialization and product development [10] Industry Insights - The current landscape shows that many robot companies have a high percentage of R&D personnel but lack experience in marketing and sales, making partnerships with established firms crucial [10] - Real-world scenarios are not only platforms for commercialization but also essential for rapid product iteration and improvement [10]