Di Yi Cai Jing·2025-09-11 03:39Core Insights - The competition among major internet giants, particularly Alibaba, Meituan, and JD.com, has intensified in the local service sector following Alibaba's launch of the "Gaode Street Ranking" to rival Meituan's "Dazhong Dianping" [2][3][4] - Both Alibaba and Meituan have announced significant subsidies to attract customers, with Alibaba pledging over 1 billion yuan and Meituan offering 25 million vouchers for quality takeaway services [3][4] - Analysts suggest that Alibaba's new initiative may enhance its user growth and create synergies, while Meituan faces immediate challenges in user traffic and merchant resources [3][4][5] Company Strategies - Alibaba's Gaode Street Ranking aims to provide a more objective measure of store popularity through real-time monitoring of foot traffic, potentially giving it a competitive edge over Meituan's user-generated reviews [4] - Meituan is responding by enhancing its quality takeaway services and leveraging AI to filter out non-authentic reviews, indicating a shift towards improving service reliability [2][3] - JD.com, while primarily focused on e-commerce, is also feeling competitive pressure from Alibaba's expanding ecosystem, necessitating a focus on logistics and supply chain management to maintain its market position [5][6] Market Dynamics - The competitive landscape is described as a "three-way battle," with significant implications for financial performance across the sector, as seen in the second-quarter results of Meituan and JD.com [5][6] - Investors are advised to monitor the evolving competitive dynamics and potential profit margin pressures resulting from intensified competition among these platforms [4][5] - The overall sentiment suggests a preference for established companies with unique market positions, as the industry faces challenges from aggressive pricing strategies and competition [5][6]