Xin Lang Cai Jing·2025-08-31 07:25Core Viewpoint - The fierce competition in the food delivery market has resulted in a combined loss of 20 billion for the three major players in the second quarter [1] Group 1: Market Impact - The intense rivalry among Meituan, Alibaba, and JD has significantly affected their profitability, leading to a substantial decrease in earnings [1] - The competitive landscape is characterized by aggressive pricing strategies and promotional offers aimed at capturing market share [1] Group 2: Financial Performance - The three companies collectively reported a loss of 20 billion in the second quarter due to the ongoing food delivery war [1] - This financial impact highlights the challenges faced by these companies in maintaining profitability amidst fierce competition [1]