$MEITUAN(03690.HK) Meituan's problem is that Alibaba's AI war has turned into a food delivery war. Using AI to order food delivery accomplishes two things with one sum of money, further eroding the market share of the food delivery sector. If Meituan wants to hold on, it has to spend money on subsidies again, otherwise Alibaba will slowly eat away at its market.

$XIAOMI-W(01810.HK) Fortunately, Xiaomi didn't hype AI, otherwise it would have been dragged into this again.

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