2 1 Shi Ji Jing Ji Bao Dao·2025-09-03 22:08Group 1 - The core viewpoint of the articles highlights the impact of aggressive subsidy competition among major internet platforms on their profitability, with significant declines in net profits reported for Meituan, JD.com, and Alibaba in Q2 [1] - Meituan's net profit decreased by 89%, JD.com's net profit fell by 50.8%, and Alibaba's net profit dropped by 18%, resulting in a total loss exceeding 20 billion yuan compared to the same period last year [1] - The competition in the e-commerce sector has intensified, with companies like Douyin, Kuaishou, and Meituan entering the market, leading to a zero-sum game where price competition diminishes long-term profitability and innovation capabilities [1] Group 2 - Alibaba's Q2 financial report showed a 26% year-on-year increase in cloud business revenue, with AI-related product revenue growing for eight consecutive quarters, indicating a shift towards a technology-driven model [2] - JD.com announced a bid to acquire Ceconomy, the parent company of MediaMarkt and Saturn, marking a significant step in its global expansion strategy and enhancing its international market presence [2] - Didi's international business has expanded to 14 countries and regions, achieving a gross transaction value of 27.1 billion yuan, with a year-on-year growth of 27.7%, indicating strong growth in the Latin American market [3]