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The "Takeout Three Kingdoms Kill" is upgraded: Ele.me enters the market with a 10 billion subsidy, JD.com and Meituan stocks under pressure. Who will laugh last?
① What profound impacts will the subsidy war have on the long-term landscape of the local life service market? ② How is the "systematic variable" proposed by CITIC SEC specifically manifested in the competition for takeaway services?
Ele.me announced that it will further increase platform subsidies, and the stock prices of Meituan (03690) and JD.com (09618) responded by declining.
Jinwu Finance News | The intensity of the takeaway battle is heating up again. On April 30, Ele.me announced an increase in platform subsidies, launching a major promotion called "Ele.me Subsidy Over 10 Billion" starting today. The Ele.me App has now launched an entry for the "Over 10 Billion" passphrase. As a result of the news, Meituan (03690) saw its gains narrow to 0.53%, while JD.com (09618) dropped by 1.01%.
JD.com Options Spot-On: On April 29th, 55,682 Contracts Were Traded, With 1.16 Million Open Interest
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Express News | JD.com Inc : HSBC Cuts Target Price to $48 From $58
The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.
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[Brokerage Focus] CITIC SEC predicts that the competition landscape for takeout will remain stable, and the platform's value is expected to be released in the long term.
Jinwu Financial News | CITIC SEC stated that recently, JD.com’s delivery services have seen significant growth in order volume, attracting much attention. The bank believes that in addition to recognizing competition, it is essential to see: 1) The positive value of the delivery model for the Dining Industry. Delivery services have systematically increased the proportion of consumer dining out to a certain extent, positively contributing to the expansion of the Large Cap in Dining. Delivery platforms will play a core role as a hub in transaction matchmaking and fulfillment in the Dining Industry in the long term, and based on this, realize reasonable value monetization. 2) For the delivery industry, competition helps drive growth in the Large Cap of Dining, stimulates market vitality, and encourages major players to strengthen ecosystem development for the Industry.
JD.com Options Spot-On: On April 28th, 51,593 Contracts Were Traded, With 1.17 Million Open Interest
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Hong Kong Stock Morning Report | JD.com announced it will recruit 100,000 riders in the next three months, and Ant Fortune is offering to acquire Hong Kong's Yao Cai Securities.
① JD.com stated that it will recruit 100,000 riders over the next three months. ② Ant Wealth initiated a tender offer for Hong Kong’s Yaocai Securities. ③ The Chief Secretary for Administration of Hong Kong expressed that Global capital reallocation brings opportunities to the region. ④ Regulators stated that CKH HOLDINGS port Trade must not evade antitrust review.
Dining stores post videos to support JD.com delivery, and Liu Qiangdong: Thank you for the support! Commissions waived for another year.
Sina Technology reported on the afternoon of April 27 that a post from JD.com founder Liu Qiangdong circulated online today, stating that to thank a Dining merchant for their support, he has granted them a commission exemption for another year. JD.com responded to Sina Technology, saying, "This is true; JD.com Delivery is in contact with the merchant regarding the commission exemption." It is reported that this Dining merchant is the main store of Ba Ye Handmade Fried Sauce Noodles in Xiqing, Tianjin. In a video posted on the video account, an employee held up a poster of Liu Qiangdong, stating, "Our store supports JD.com Delivery," which received many shares and likes. Liu Qiangdong shared the video, expressing, "Thanks to this brother for the support! After finding your store, I will grant another exemption."