Traded ValueAlibaba initiated the food delivery war, but in the end, it's Alibaba that should bear the consequences. It can't beat ByteDance in AI, nor JD.com and PDD in e-commerce. When it tried to get a piece of the community group-buying pie, Meituan naturally wouldn't let it succeed easily. Right now, Alibaba is the one I'm least optimistic about.
$MEITUAN(03690.HK)
Furthermore, according to a report by LatePost, Alibaba's core management explicitly stated in an internal meeting in early 2026 that Taobao's flash sales campaign is a milestone battle for the group. For the next three years, profitability will not be a key performance indicator, and the annual investment will exceed that of 2025, with a focus on developing instant retail.
Translation: Crush Meituan within three years.
Let me see which genius is still buying Meituan.
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