---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/36728720.md"
description: "$MEITUAN(03690.HK) The market saw that Alibaba's financial report showed struggles in the food delivery sector, giving Meituan a positive outlook. I think they still underestimated Alibaba's style. This might be a vortex of internal competition similar to the Russia-Ukraine war. I don't think it's the right time to buy yet. At least wait until Meituan's financial report is released, or even wait another quarter."
datetime: "2025-11-26T02:25:04.000Z"
locales:
  - [en](https://longbridge.com/en/topics/36728720.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/36728720.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/36728720.md)
author: "[晓风 morning_wind](https://longbridge.com/en/profiles/6620864.md)"
---

# $MEITUAN(03690.HK) The market saw that Alibaba's f…


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## Comments (7)

- **韭菜根 · 2025-11-26T06:20:31.000Z**: Already lying inside
- **我的小钱钱 · 2025-11-26T02:37:43.000Z**: Isn't it good for Ali to fully transform into AI now? Why bother competing with food delivery?
- **Capybaraの佛系持仓 · 2025-11-26T02:33:24.000Z**: Yes, I listened to a conference call for over an hour last night, and it's not optimistic. Flash sales are a very important strategy for Alibaba, and they will increase investment and optimize cost reductions. This is a protracted battle unless Meituan really carves out a path.
- **Judy640 · 2025-11-26T02:33:05.000Z**: Makes sense but I'm a left-side trader
- **爆仓交易 · 2025-11-26T02:31:58.000Z**: There are no winners in vicious competition.
- **神不存在 · 2025-11-26T02:26:41.000Z**: Yes, as long as Ali Flash Sale doesn't surrender, Meituan won't do well; these days I saw Flash Sale starting to roll out its own uniforms.
- **小袁边走边吃 · 2025-11-26T02:25:49.000Z**: Approved, but it's just involution-style competition