Core Viewpoint - The article highlights the impact of Meituan's decision to shut down its community group buying service, which has significant implications for individuals like Lao Shen, who relied on this business for income and social connection [2][28]. Group 1: Company Actions - Meituan announced the abrupt closure of its community group buying service, affecting many local operators across the country [3][28]. - The decision to terminate the service was not officially communicated, leading to confusion among operators [4][32]. - The closure reflects a broader trend in the industry where community group buying has become a financial burden for companies, prompting them to scale back or exit the market [27][28]. Group 2: Individual Impact - Lao Shen, a 70-year-old community group buying operator, suddenly lost his income source and identity as a group leader due to the service shutdown [3][29]. - The community group buying business provided Lao Shen with a sense of purpose and social interaction, especially after the loss of his wife [15][27]. - The closure of Meituan's service left many operators, including Lao Shen, feeling "unemployed" and uncertain about their future [29][32]. Group 3: Industry Context - The community group buying sector is characterized by intense competition and reliance on user traffic, making it a challenging environment for sustainability [27]. - The article suggests that the remaining players in the community group buying space, like Duoduo Maicai, may not be as appealing to older operators due to lower commission rates [34]. - The rapid changes in the industry, including sudden service closures, highlight the volatility and risks associated with community group buying as a business model [28][32].

Core Viewpoint - Meituan announced the closure of its Meituan Youxuan in certain regions due to ongoing losses and lack of profitability, which negatively impacts its core business [1][2][3] Financial Performance - As of December 31, 2024, Meituan's core local business revenue reached 52.42 billion RMB, accounting for 20.9% of total revenue, with a profit margin of 29.9% [3] - New business losses amounted to 7.27 billion RMB, representing a loss rate of 8.3%, with total losses in the new business segment decreasing from 20.2 billion RMB in 2023 to 7.3 billion RMB [5][3] Strategic Focus - The company aims to maintain its dominance in the domestic food delivery market while exploring global expansion opportunities [13] - The rapid growth of instant retail is seen as a critical area for future development, with a focus on cost-effectiveness to compete with mainstream e-commerce [16][17] Market Dynamics - The competition from JD.com and Alibaba has intensified, prompting Meituan to increase its investment in response to market pressures [14][15] - The clash between community group buying and instant retail has led to internal conflicts within Meituan, detracting from its core business [12] Future Outlook - Meituan plans to leverage the advantages gained from Meituan Youxuan in supply chain integration with instant retail, potentially transforming its role in the market [18]

21世纪经济报道记者周慧 北京报道 6月23日，"美团优选关闭"冲上微博热搜。 多地网友在社交媒体上晒出美团优选页面弹出的业务调整通知消息，消息称"由于局部业务调整，您所在的区域自6月23日起将 暂停接单"。根据社交媒体上流传的通知，美团优选业务调整，近期会退出部分亏损地区，广东、福建、浙江等地保持正常运 营。 6月23日上午，美团发布消息称，美团优选将进一步利用已建设的供应链及仓配网络，集中资源聚焦优势区域，继续探索"次日 达+自提"模式和社区零售新业态；同时，深耕生鲜食杂供应链，为美团用户提供更具质价比的商品。 上述消息，侧面回应了美团优选部分区域业务调整的消息，突出"集中资源聚焦优势区域"和转型探索新业态。21世纪经济报道 记者联系美团采访，对于美团优选"各地陆续关仓"以及"部门人员解散"的消息，美团回应称，美团优选在转型升级，并进行局 部业务调整，不存在部门解散的情况。 另外，21世纪经济报道记者从相关渠道获悉，美团优选团队不少人转而参与最新启动线下业务"N项目"，负责线下门店营运工 作，其余人则将分批次加入其他业务。 美团优选在县域和乡镇市场下沉的很广泛，获客的吸引力之一就是低价。美团发布的2020 ...

Core Insights - The rapid rise of community stores in China's retail landscape is reshaping consumer shopping habits and challenging traditional supermarkets [1][3][4] - The emergence of community stores is driven by changing consumer trends, improved supply chain efficiency, and supportive policies [4][5][6] Group 1: Community Store Explosion - The growth of community stores is a result of significant shifts in consumer behavior, particularly the demand for convenience and local shopping [3][4] - Post-pandemic lifestyle changes have led to a strong preference for shopping within a "15-minute living circle," emphasizing the need for quick and accessible shopping options [4][5] - Enhanced supply chain efficiency is a core driver for the rise of community stores, exemplified by Hema NB's innovative "urban warehouse + community store" model, which significantly reduces replenishment response time [5][6] Group 2: Competition with Traditional Supermarkets - Community stores are exerting multi-dimensional pressure on traditional supermarkets, particularly in terms of operational efficiency [9][10] - Traditional supermarkets are struggling to adapt to community market dynamics, as evidenced by Yonghui Supermarket's significant losses and store closures [10][11] - Community stores like Hema NB are achieving higher sales per store by focusing on high-frequency consumer needs and optimizing their product offerings [11][12] Group 3: Competition with Instant Retail - Community stores and instant retail platforms are engaged in a complex relationship characterized by both competition and collaboration [16][17] - Instant retail faces challenges due to high operational costs associated with front warehouses and delivery systems, which can lead to significant losses if order volumes are insufficient [17][18] - Community stores leverage lower fulfillment costs through in-store pickup and short-distance delivery, enhancing customer flexibility and brand loyalty [18][19] Group 4: Competition with Community Group Buying - The competition between community stores and community group buying revolves around trust-building and efficiency in supply chain management [24][25] - Community stores offer a tangible shopping experience that fosters consumer trust, while community group buying relies on a less reliable, online-based model [25][26] - Community stores excel in fresh product delivery due to their short supply chains, while community group buying suffers from longer delivery times and higher spoilage rates [26][27] Group 5: Future Trends for Community Stores - The market will see a coexistence of vertical specialization and broad category expansion among community stores [31][32] - Technological advancements will drive community stores from digitalization to smart operations, enhancing inventory management and customer experience [33][34] - A competitive ecosystem will emerge, characterized by collaboration between community stores, instant retail, and community group buying platforms, optimizing resource allocation and enhancing service quality [37][38]

Group 1 - The Tonghuashun Fruit Index concept fell by 6.26%, ranking among the top declines in the concept sector, with stocks like Dongshan Precision, GoerTek, and Pengding Holdings hitting the daily limit down [1][2] - Major outflows of capital from the Tonghuashun Fruit Index concept amounted to 5.13 billion yuan, with 18 stocks experiencing net outflows, and 11 stocks seeing outflows exceeding 100 million yuan [2] - The stock with the highest net outflow was Luxshare Precision, with a net outflow of 1.11 billion yuan, followed by GoerTek, Changying Precision, and Dongshan Precision with net outflows of 1.05 billion yuan, 494 million yuan, and 460 million yuan respectively [2] Group 2 - The top gainers in the concept sector included the China-Korea Free Trade Zone, which rose by 5.66%, while the AI PC concept fell by 3.53% [2] - Among the stocks with significant capital inflows, Zhongshi Technology and Lante Optics saw net inflows of 51.18 million yuan and 22.30 million yuan respectively [2] - The performance of the A50 ETF, which tracks the MSCI China A50 Connect Index, showed a decline of 2.15% over the past five days, with a net outflow of 4.36 million yuan [4]

以下文章来源于螺旋实验室 ，作者螺旋君 螺旋实验室 . 公众情绪瞭望者 将投中网设为"星标⭐"，第一时间收获最新推送 社区团购的兴衰只是"新商业"的其中一页。 作者丨 追命 编辑丨 坚果 来源丨螺旋实验室 曾几何时，社区团购作为一种新兴的零售模式 ，瞄准了 邻里社交与生鲜电商结合的 新机遇，成为 了各大 资本竞相追逐的热点 ， 堪比当年的 "百团大战"。 不过，社区团购的风口并没有维持太久。 2020年开始，一批社区团购创业公司陆续关停，仅剩下拼 多多、美团、阿里等大厂仍在坚持，但投入力度也大不如前。 近日， 阿里旗下 的 淘宝买菜 也 正式宣告退出社区团购赛道，转而聚焦 "直发到家"的快递电商模 式。至此，社区团购市场仅剩美团优选与拼多多旗下的多多买菜双雄对峙 。 大厂们 试图用资本与技术重塑生鲜消费链路， 最终 却 集体遗憾退场，如今的 社区团购 ，还是不 是一门 "好生意"？ 下沉市场的"探路棋" 2018年，社区团购生意迎来高峰，彼时 全国 有 超过 300家社区团购平台 ，一边是阿里、拼多多 等大厂阵营；另一边则是 以兴盛优选、十荟团 等为代表的 创业公司。 根据报道， 彼时真格基金、高榕资本等知名 ...

Market Overview - The market showed a strong upward trend, with the Shanghai Composite Index recovering above 3400 points, reaching a new high for the year at 3419.56, up 1.81% [2][3] - The Shenzhen Component Index and the ChiNext Index also experienced significant gains, with increases of 2.26% and 2.80% respectively [2][3] - Overall, nearly 4500 stocks rose, with close to 100 stocks hitting the daily limit up [3] Sector Performance - The top-performing sectors included Food & Beverage (5.41%), Non-Bank Financials (3.97%), and Retail (3.18%) [2] - Conversely, sectors such as Steel and Coal showed negative performance, with declines of -0.52% and -0.12% respectively [2] - Concept indices like Dairy, Three-Child Policy, and Community Group Buying performed well, while sectors like Smart Lamp Poles and Coal Concepts lagged [3] Monetary Policy Insights - The People's Bank of China emphasized the implementation of a moderately loose monetary policy, indicating potential for reserve requirement ratio (RRR) and interest rate cuts [4] - Financial regulatory authorities are encouraging banks to increase personal consumption loan offerings to boost consumer spending [4] Market Sentiment and Technical Analysis - The trading volume in the Shanghai and Shenzhen markets reached 1.79 trillion, indicating active market sentiment [5] - Technical indicators suggest a strong upward momentum, with the Shanghai Composite Index positioned above its 5-day moving average [5] - The report anticipates a systematic revaluation of Chinese assets, supported by ongoing macroeconomic adjustments and growth stabilization policies [5] Investment Focus - Recommended sectors for investment include Technology, Media, Telecommunications (TMT), Financials, and Consumer sectors [5]