Core Insights - The instant retail sector is experiencing a massive subsidy wave, with platforms investing hundreds of billions to capture a trillion-dollar market [1] - Dingdong Maicai's CEO emphasizes the need for long-term strategies and differentiation in a highly competitive environment, aiming for sustainable growth rather than a zero-sum game [1][5] - Dingdong Maicai has achieved profitability for ten consecutive quarters under non-GAAP standards and five quarters under GAAP standards, with a focus on deepening supply chain management and product quality [1][6] Group 1: Competitive Landscape - The competition in instant retail is described as a zero-sum game, where only a few players will survive, leading to intense price wars and user acquisition battles [1] - Dingdong Maicai's strategy focuses on "narrowing down" to specific product categories and deepening supply chain management to differentiate from competitors [5][6] Group 2: Business Strategy - The "4G" strategy emphasizes quality over quantity, focusing on "good users, good products, good service, and good mindset" [3] - Dingdong Maicai aims to enhance product quality by investing in upstream supply chains and developing differentiated products that meet consumer demands for health and safety [6][9] Group 3: Product Development - The company has replaced over 4,000 mediocre products in the past six months, with "good products" now accounting for 40% of its SKU [6] - Dingdong Maicai is developing a low-GI food section and plans to create a comprehensive low-GI product line, collaborating with research institutions to improve product standards and consumer awareness [9][7] Group 4: Technological Integration - The integration of AI is transforming the instant retail landscape, enhancing supply chain management and product lifecycle oversight [10] - Dingdong Maicai is developing a traceability system to ensure transparency from production to delivery, leveraging digital capabilities and AI applications [10]