雷峰网·2025-02-28 10:02Core Viewpoint - The article discusses the missed opportunity for JD.com to acquire Guanghuan Xinnet, a significant player in the IDC sector, and how this decision has impacted JD Cloud's growth and market position in the AI and cloud computing landscape [4][10][26]. Group 1: Historical Context - Guanghuan Xinnet's stock price has nearly doubled since the beginning of the year, highlighting its growing significance in the market [2]. - JD Cloud launched eight intelligent computing products, including its large model "Yansi," indicating its ongoing efforts to innovate [3]. - Several key executives at JD.com supported the acquisition of Guanghuan Xinnet, but the decision ultimately failed due to opposition from the then Chief Strategy Officer, Liao Jianwen [7][8]. Group 2: Strategic Importance of Guanghuan Xinnet - Guanghuan Xinnet's IDC infrastructure is crucial for cloud computing, and its acquisition would have strengthened JD Cloud's IaaS capabilities [10]. - The potential acquisition was seen as a strategic move to enhance JD's asset base and facilitate tax exchange mechanisms with local governments, which could have provided significant operational advantages [11][12]. Group 3: Impact on JD Cloud's Performance - Following the 2018 incident, JD Cloud's revenue declined sharply, and the company struggled to maintain its market position [20][21]. - JD Cloud's PS ratio is significantly lower than that of Alibaba Cloud, indicating a lack of market confidence in JD Cloud's growth potential [23]. - The article suggests that if JD had acquired Guanghuan Xinnet, JD Cloud might not be facing its current challenges and could have leveraged the growing demand for intelligent computing [26].