Core Insights - The report by Yi Financial Academy highlights the transformative trends in the takeaway market, driven by the rise of instant delivery services like Taobao Flash Purchase, indicating a shift from traditional e-commerce to a focus on immediacy and consumer experience [1] Group 1: Platform Competition and Business Opportunities - Taobao Flash Purchase has significantly altered the competitive landscape of the takeaway market, establishing a triopoly with Meituan and JD, moving from short-term subsidy wars to long-term ecological collaboration and operational efficiency [2][5] - The rise of Taobao Flash Purchase has created new business opportunities for merchants, allowing them to leverage multiple platforms for greater exposure and order flexibility, as seen with brands like Heytea, which experienced a 255% week-on-week increase in new customers after joining [5][6] Group 2: Restructuring of the Restaurant Industry - Takeaway services are becoming a digital infrastructure for the restaurant industry, with significant increases in online orders during peak periods, indicating that takeaway is no longer an auxiliary channel but a primary growth driver [7][8] - The digital transformation allows for enhanced membership operations, as demonstrated by Xiaogu's spicy hot pot, which gained 1 million new members in one month through Taobao Flash Purchase, showcasing the potential for substantial customer retention and private traffic accumulation [7][8] Group 3: Changing Consumer Behavior - The emergence of Taobao Flash Purchase is shifting consumer behavior from planned purchases to instant gratification, with examples like a 132% year-on-year increase in flower orders during the Qixi Festival, reflecting the demand for immediate satisfaction in various consumer scenarios [10][11] - Retail brands are restructuring their supply chains to support instant delivery, transforming physical stores into community service centers, thus enabling a new model of "order online, store delivery, and hourly fulfillment" [11][12] Group 4: Future of Takeaway Wars - The upcoming Double 11 shopping festival will highlight the ecological synergy of major consumption platforms, with Taobao Flash Purchase offering significant discounts and integrating various membership systems to enhance consumer engagement [15][16] - Merchants are transitioning from relying solely on traffic to focusing on operational efficiency, with examples like the "satellite store" model adopted by restaurants, leading to a 230% monthly sales increase, indicating a shift towards a more sustainable growth model [18][19]

Group 1 - Ele.me is testing the cancellation of overtime deductions in cities like Nantong and Changzhou, aiming to improve rider conditions through a new service points system [2] - JD.com is collaborating with CATL and GAC Group to launch a new car on November 9, but JD will not be involved in manufacturing, focusing instead on consumer insights and sales [3] - China's automotive industry saw significant growth in the first nine months of the year, with production and sales reaching 24.33 million and 24.36 million units, respectively, marking year-on-year increases of 13.3% and 12.9% [4][5] Group 2 - JD's Qixian Kitchen has entered platforms like Meituan and Taobao, with plans to establish 10,000 locations nationwide in three years [6] - Samsung Electronics announced a new stock compensation plan for employees based on stock performance, with potential stock grants increasing significantly if the stock price rises [7] - The total number of vehicle trade-ins is expected to exceed 12 million this year, driven by government policies that have stimulated consumer activity in the automotive market [8] Group 3 - Samsung Electronics projected a more than 30% increase in Q3 profits, benefiting from rising memory chip prices, with sales expected to reach approximately 85-87 trillion KRW [13][14] - China's tax revenue showed a year-on-year growth of 6.9% in Q3, indicating a positive economic trend, particularly in September [15]

中经记者李静北京报道 近期，有北京的网友发现，在美团和饿了么上可以下单京东的七鲜小厨外卖。 七鲜小厨是今年7月，外卖大战如火如荼期间，京东推出的合营品质餐饮制作平台，采用的是"菜品合伙人+自营门店"的重资产运营方式，并且，此前只在京 东外卖平台独家销售。 京东方面对记者表示："七鲜小厨始终保持开放合作的心态，只要消费者有需求，其他平台也愿意，我们非常乐于与其他平台合作。" 《中国经营报》记者观察发现，京东外卖曾是今年京东"6·18"大促时的重点发展项目，但在今年"京东11.11"的惊喜开放日上，却并未看到京东外卖的身影。 从对抗到合作 在6月中旬，京东集团创始人、董事局主席刘强东亲自预告，京东外卖将推出一个截然不同的商业模式，且期待这一模式能彻底解决食品安全问题，让消费 者买到高性价比且安全的食品。 7月份七鲜小厨开业首日，订单量便出现了爆单。紧接着，京东就宣布计划投入百亿元资金，三年内布局万家店铺；同时将投入10亿元现金，在全国招募菜 品合伙人。 七鲜小厨此番的渠道扩张其实并非偶然。 此前，七鲜小厨仅入驻京东秒送，首店开业时，七鲜小厨业务负责人刘斌在接受记者采访时就明确表示："我们的心态是非常开放的，只要消 ...

Investment Rating - The investment rating for JD Group is maintained at "Outperform the Market" [1][4][10] Core Views - JD Group is expected to report a strong revenue performance for Q3 2025, with an estimated revenue of CNY 293.9 billion, representing a year-on-year increase of 13%. This growth is primarily driven by government subsidies boosting retail revenue growth [3][5] - The Non-GAAP net profit margin is projected to decline by 4 percentage points year-on-year to 1.4% for Q3 2025, influenced by ongoing losses in the new food delivery business, although there are signs of improvement in user experience (UE) [3][6] - The company is adjusting its revenue forecasts for 2025-2027 to CNY 1,334.8 billion, CNY 1,419.7 billion, and CNY 1,488.2 billion respectively, with a slight increase in net profit forecasts for the same period [4][10] Revenue Performance - Q3 2025 revenue is expected to be CNY 293.9 billion, up 13% year-on-year, with JD Retail revenue growth anticipated at 11%. The growth in the electronics category is expected to be in the high single digits, while daily necessities are projected to grow in double digits [3][5] - The food delivery business is expected to see a significant revenue increase of 230% in Q3 2025, benefiting from seasonal demand [3][5] Operational Insights - The estimated GMV growth for JD in Q3 2025 is around 15%, with market share continuing to recover, largely driven by the "old-for-new" subsidy program in the electronics category [3][5] - Active purchasing users and purchase frequency in e-commerce are showing strong growth, with 40% of new food delivery users converting to main site users by July [3][5] Profitability Analysis - The Non-GAAP net profit margin is expected to be 1.4% for Q3 2025, down 3.6 percentage points year-on-year. However, JD Retail's operating profit margin is projected to improve by 0.3 percentage points due to enhanced supply chain efficiency and increased commission and advertising revenue [6][10] - The losses from the new food delivery business are impacting overall profitability, but improvements in delivery efficiency and targeted subsidies are helping to reduce these losses [6]

互联网行业没有永远的朋友，也没有永远的对手。 10月14日，新京报贝壳财经记者检索相关应用程序发现，京东旗下外卖品牌七鲜小厨在美团外卖与淘宝闪购平台低调上线。 不同平台的七鲜小厨外卖店。新京报贝壳财经记者 程子姣 制图 新京报贝壳财经记者浏览发现，目前七鲜小厨（长保大厦店）在淘宝闪购月销量超2000单，在美团外卖月销量超400单。七鲜小厨在上述平台分别被贴上 有"品质优选""人气新店"的标签。京东秒送平台也显示，七鲜小厨开业至今已售出超9万单，为北京东城区热销榜第一名。 今年7月20日，七鲜小厨首家外卖自营门店正式营业，初期仅入驻京东秒送，采用"外卖+自提"模式，专注线上服务，主打现炒现卖、无预制菜的产品。截至 记者发稿时，已上线淘宝闪购、美团外卖。除七鲜小厨外，七鲜咖啡也上线了其他平台。 负责人称不设平台壁垒，"自家"外卖平台价格最低 京东首家"七鲜小厨"外卖自营门店于 7 月 20 日开业，用户可以在线上下单，采取"外卖 + 自提"的模式。 彼时，七鲜小厨业务负责人刘斌对新京报贝壳财经记者表达了开放合作的意愿，他表示，七鲜小厨的模式是开放的，不设平台壁垒，只要消费者有需求，或 者其他平台有合作意向，七鲜小 ...

10月14日，智通财经记者获悉，京东旗下七鲜小厨门店已入驻饿了么、美团外卖平台。京东方面向智通 财经记者回应，七鲜小厨始终保持开放合作的心态，只要消费者有需求，其他平台也愿意，我们非常乐 于与其他平台合作，为更广大消费者提供"新鲜现炒 又好又便宜"的餐食。（智通财经记者 范佳来） ...

【#京东七鲜小厨入驻美团淘宝闪购#】近期，京东旗下外卖品牌七鲜小厨在美团外卖、淘宝闪购等平台 低调上线。 第一财经记者查询发现，目前七鲜小厨（长保大厦店）在淘宝闪购月销量达到2000单，在美团外卖月销 量达400单。美团外卖上，七鲜小厨有"人气新店"的标签。同时，远距离的用户可以通过美团外卖的跑 腿服务点餐。京东秒送平台显示，七鲜小厨开业至今已售9万单。 在菜品价格上，美团外卖和淘宝闪购均可叠加大额红包使用，一份盖浇饭券后价格在15元到20元之间。 以盖浇饭为例，第一财经记者对比了三个平台的价格，目前仍是京东秒送的价格最低。 七鲜小厨刚开业时，就发出了愿意与其他平台合作的信号。 今年7月20日，七鲜小厨首家外卖自营门店开业，用户可以在线上下单，采取 "外卖+自提"的模式。当 时七鲜小厨仅入驻了京东秒送，没有入驻美团或者淘宝闪购。七鲜小厨业务负责人刘斌后续表示，对于 入驻其他平台，七鲜小厨的心态非常开放，只要消费者有需求或者其他平台愿意，就可以一起合作。 （第一财经） 作者 | 第一财经 陆涵之 近期,京东旗下外卖品牌七鲜小厨在美团外卖、淘 宝闪购等平台低调上线。 第一财经记者查询发现,目前七鲜小厨(长保大厦 ...

LG Electronics India made a stellar stock market debut on Tuesday, listing at a premium of 50% to its issue price of 1,140 rupees per share.This is the best listing for a billion-dollar Indian initial public offering since Eternal, the parent company of food delivery and restaurant-listing platform Zomato, debuted in 2021.Here's a look at how India's other billion-dollar IPOs have done this decade:SBI CARDS AND PAYMENT SERVICES (MARCH 2020)The credit card arm of India's largest lender, State Bank of India, ...

Core Insights - Qixian Xiaochu has shown significant sales performance since its opening, with monthly sales reaching 2,000 orders on Taobao Flash Sale and 400 orders on Meituan Waimai, indicating strong market interest [2] - The entry of Qixian Xiaochu into multiple platforms like Meituan and Taobao Flash Sale reflects a strategic shift to enhance order volume and brand exposure, moving away from reliance on a single platform [3][4] Sales Performance - Qixian Xiaochu has sold a total of 90,000 orders since its opening on the JD Instant Delivery platform [2] - The price for a rice bowl meal ranges from 15 to 20 yuan after applying large red envelope discounts on both Meituan and Taobao Flash Sale, with JD Instant Delivery offering the lowest prices [2] Strategic Partnerships - Qixian Xiaochu's willingness to collaborate with other platforms was evident from its initial opening, where it only partnered with JD Instant Delivery [3] - The decision to enter Meituan and Taobao Flash Sale is seen as a response to the need for increased traffic and a shift in positioning, as these platforms provide extensive user reach and delivery networks [3] Industry Context - The entry of Qixian Xiaochu into multiple platforms signifies a new phase in the food delivery industry, moving from intense competition to a more collaborative approach [4] - JD's focus has shifted towards improving platform systems and user experiences rather than engaging in price wars, indicating a strategic pivot in the industry [4] - The relationship between JD and Meituan has evolved from competition to collaboration, driven by mutual strategic needs for traffic and quality upgrades [4]

2025.10. 14 本文字数：1125，阅读时长大约2分钟 作者 | 第一财经 陆涵之 近期，京东旗下外卖品牌七鲜小厨在美团外卖、淘宝闪购等平台低调上线。 第 一 财 经 持 续 追 踪 财 经 热 点 。 若 您 掌 握 公 司 动 态 、 行 业 趋 势 、 金 融 事 件 等 有 价 值 的 线 索 ， 欢 迎 提 供 。 专 用 邮 箱 ： bianjibu@yicai.com （注：我们会对线索进行核实。您的隐私将严格保密。） 推荐阅读 在菜品价格上，美团外卖和淘宝闪购均可叠加大额红包使用，一份盖浇饭券后价格在15元到20元之 间。以盖浇饭为例，第一财经记者对比了三个平台的价格，目前仍是京东秒送的价格最低。 七鲜小厨刚开业时，就发出了愿意与其他平台合作的信号。 今年7月20日，七鲜小厨首家外卖自营门店开业，用户可以在线上下单，采取 "外卖+自提"的模 式。当时七鲜小厨仅入驻了京东秒送，没有入驻美团或者淘宝闪购。七鲜小厨业务负责人刘斌后续表 示，对于入驻其他平台，七鲜小厨的心态非常开放，只要消费者有需求或者其他平台愿意，就可以一 起合作。 对此，网经社电子商务研究中心数字生活分析师陈礼腾对第一财经 ...