中国互联网- 外卖竞争触底的又一信号-China Internet and Other Services-Another Sign of Bottoming Out in Food Delivery Competition

December 7, 2025 07:18 PM GMT China Internet and Other Services | Asia Pacific Another Sign of Bottoming Out in Food Delivery Competition With SAMR's new standards, we expect competition to have peaked in 3Q, with both BABA and Meituan vowing to ensure rational industry competition. Within e-commerce, we prefer BABA (Best China AI enabler) > PDD > Meituan > JD. What's new: The SAMR published "Basic Requirements for Food Delivery Platform Service Management" on Dec 5, highlighting platform responsibilities ( ...