Group 1: Meituan's Support for Small Merchants - Meituan has launched a support plan for small merchants, providing financial assistance to help more small restaurants achieve stable growth [1] - By the end of this year, Meituan aims to cover over 100,000 small restaurants with its support funds, with a maximum assistance of 50,000 yuan per store [1] Group 2: Industry Competition and Regulation - Major food delivery platforms Meituan, Ele.me, and JD.com have announced a joint effort to resist "involution" competition and maintain a healthy industry ecosystem [3] - The platforms' statements align with recent regulatory requirements, emphasizing the need to standardize subsidy behaviors, oppose involution, and improve service quality [4] - The State Administration for Market Regulation has urged these platforms to comply with various laws and regulations, promoting a win-win ecosystem for consumers, merchants, delivery riders, and platform companies [4] Group 3: JD.com's Discount Supermarket Strategy - JD.com is set to open five discount supermarkets in Jiangsu and Hebei, utilizing its supply chain advantages to operate large stores with a wide range of SKUs [4] - The first store in Zhuozhou will cover an area of 5,000 square meters and offer over 5,000 high-quality daily goods at prices generally lower than market rates [6] - JD.com's discount supermarket model is distinct from existing small-format discount stores, focusing on large-scale operations and direct sourcing from producers [6] Group 4: Market Trends in Discount Supermarkets - The discount supermarket format is gaining traction, with various companies, including traditional supermarkets and snack brands, entering the market [6] - Research indicates that discount supermarkets are expanding rapidly, with both snack brands and regional retailers transforming traditional supermarkets into discount formats [7] - There is significant potential for optimization in the discount supermarket sector, as leading snack brands have already established a large number of stores and possess advantages in funding, talent, and supply chains [7]

Core Viewpoint - Major companies in the food delivery sector, including Meituan, Taobao, Ele.me, and JD, have united to resist disorderly competition and promote a fair and orderly industry environment, emphasizing mutual benefits and sustainable development [1][2][3] Group 1: Meituan's Commitment - Meituan has pledged to adhere to various laws and regulations, ensuring that subsidy activities do not involve selling goods and services significantly below cost, which distorts price signals and disrupts market order [1] - The company will transparently disclose subsidy information to merchants and consumers, avoiding exaggerated claims about total subsidies [1] - Meituan will not force or indirectly compel merchants to participate in subsidy activities, safeguarding their pricing autonomy [1] - The platform aims to ensure fairness in promotional activities, protecting the interests of small and medium-sized merchants [1] - Meituan is focused on building a win-win ecosystem for consumers, merchants, delivery riders, and platform enterprises [1] Group 2: Taobao and Ele.me's Initiatives - Taobao and Ele.me emphasize the importance of planning subsidies based on consumer and merchant needs, ensuring merchants' rights to be informed, choose, and set prices [2] - The companies are committed to actively resisting malicious competition and irrational promotional activities, such as large-scale "0 yuan purchase" campaigns [2] - They aim to enhance service quality and maintain order in offline operations while fostering a collaborative ecosystem for mutual benefits [2] Group 3: JD's Position - JD has expressed its commitment to standardizing subsidy behaviors and resisting "0 yuan purchase" promotions, which are seen as harmful to the market [3] - The company will maintain a simple and transparent subsidy mechanism, allowing merchants to operate and participate in promotional activities autonomously [3] - JD aims to enhance service quality and promote a healthy ecosystem that benefits consumers, merchants, delivery riders, and the platform [3] Group 4: Market Reaction - Following the announcements on August 1, stock prices for Meituan, Alibaba, and JD saw significant increases, with Meituan rising over 3%, Alibaba over 3%, and JD over 1% during intraday trading [3]