<p>美团是中国最大的外卖应用。Cheng Xin/Getty Images</p>
<ul>
<li>美团和京东的股票在周二因中国外卖竞争激烈而下跌。</li>
</ul>
<ul>
<li>京东指责竞争对手禁止骑手接受其订单，紧张局势加剧。</li>
</ul>
<ul>
<li>其他中国科技股如阿里巴巴和腾讯今年表现良好。</li>
</ul>
<p>中国两大科技巨头在外卖业务中的竞争加剧，导致其公司股票今年受到重创。</p>
<p>美团的股价在周二暴跌最多达 8.1%。截至目前，该股今年下跌超过 14%。</p>
<p>在 2 月份进入外卖业务的香港上市京东，股价最多下跌 8.1%。截至目前，该公司的股价下跌 4%。</p>
<p>这两只股票的表现均不及恒生科技指数和恒生中国企业指数，后者今年迄今上涨约 10%。</p>
<p>在京东周一在其微信社交媒体账户上表示，竞争平台告知骑手如果接受京东的订单将被禁止后，这两家公司股价大幅下跌。该平台未被指明。</p>
<p>同一天，美团在其微信社交媒体账户上表示，并不限制骑手为多个平台工作。</p>
<p>尽管美团和京东的损失突显了中国外卖市场的激烈竞争，但在中国大型科技股今年的上涨背景下，这一急剧下跌尤为明显。这些公司受到 1 月底 DeepSeek 热潮的推动。</p>
<p>尽管市场因关税引发的不确定性加大，但一些中国知名科技公司今年仍取得了强劲的增长。</p>
<p>科技股的上涨与过去几年因北京的科技打压而导致的急剧下跌形成鲜明对比。</p>
<p>阿里巴巴的股价周二收盘上涨 1.2%，年初至今上涨 34%。</p>
<p>腾讯的股票周二收盘上涨 0.5%，年初至今上涨 10.4%。</p>
<p>小米——以智能手机、家用电器和现在的电动车闻名——周二收盘上涨 5.8%，今年迄今上涨 29%。</p>
<p>阅读原文请访问 Business Insider</p>

美团-W

美团(ADR)

腾讯控股(ADR)

腾讯控股(ADS)

腾讯控股

阿里巴巴-W

阿里巴巴

<p>美团和京东的股票在中国外卖市场激烈竞争中大幅下跌，美团的股价今年下跌超过 14%，京东下跌 4%。在被指控存在反竞争行为后，两家公司周二的股价均下跌了 8.1%。相比之下，其他中国科技股如阿里巴巴和腾讯则表现强劲，阿里巴巴今年迄今上涨了 34%。恒生科技指数和恒生中国企业指数今年均上涨约 10%，突显了中国科技股之间的表现差异</p>

<p>Meituan is China's largest food delivery app.Cheng Xin/Getty Images</p>
<div class="lb-trans"><p>美团是中国最大的外卖应用。Cheng Xin/Getty Images</p>
</div><ul>
<li>Meituan and JD.com stocks fell on Tuesday amid fierce food delivery competition in China.</li>
</ul>
<div class="lb-trans"><ul>
<li>美团和京东的股票在周二因中国外卖竞争激烈而下跌。</li>
</ul>
</div><ul>
<li>JD.com accused a rival of banning riders from accepting its orders, intensifying tensions.</li>
</ul>
<div class="lb-trans"><ul>
<li>京东指责竞争对手禁止骑手接受其订单，紧张局势加剧。</li>
</ul>
</div><ul>
<li>Other Chinese tech stocks like Alibaba and Tencent have seen big gains this year.</li>
</ul>
<div class="lb-trans"><ul>
<li>其他中国科技股如阿里巴巴和腾讯今年表现良好。</li>
</ul>
</div><p>Intensifying rivalry between two of China's tech giants in the food delivery business has battered their company stocks this year.</p>
<div class="lb-trans"><p>中国两大科技巨头在外卖业务中的竞争加剧，导致其公司股票今年受到重创。</p>
</div><p>The share price of Meituan, China's top food delivery app, plunged as much as 8.1 % on Tuesday. The stock is down over 14% so far this year.</p>
<div class="lb-trans"><p>美团的股价在周二暴跌最多达 8.1%。截至目前，该股今年下跌超过 14%。</p>
</div><p>Hong Kong-listed JD.com, which waded into the food delivery business in February, tanked as much as 8.1%. The company's shares are down 4% so far this year.</p>
<div class="lb-trans"><p>在 2 月份进入外卖业务的香港上市京东，股价最多下跌 8.1%。截至目前，该公司的股价下跌 4%。</p>
</div><p>Both stocks have underperformed the Hang Seng Tech Index and Hang Seng China Enterprises Index, which are both up about 10% so far this year.</p>
<div class="lb-trans"><p>这两只股票的表现均不及恒生科技指数和恒生中国企业指数，后者今年迄今上涨约 10%。</p>
</div><p>The sharp losses in the two companies' share prices came after JD.com said on its Weixin social media account on Monday that a competing platform had told riders that they would be barred if they accepted orders from JD. It did not name the competing platform.</p>
<div class="lb-trans"><p>在京东周一在其微信社交媒体账户上表示，竞争平台告知骑手如果接受京东的订单将被禁止后，这两家公司股价大幅下跌。该平台未被指明。</p>
</div><p>On the same day, Meituan wrote in its Weixin social media account that it doesn't restrict riders from working for multiple platforms.</p>
<div class="lb-trans"><p>同一天，美团在其微信社交媒体账户上表示，并不限制骑手为多个平台工作。</p>
</div><p>While Meituan and JD.com's losses highlight the fierce competition in China's delivery market, the sharp declines are particularly stark in the context of gains in China's Big Tech stocks this year. These companies have been fueled by the hype from DeepSeek in late January.</p>
<div class="lb-trans"><p>尽管美团和京东的损失突显了中国外卖市场的激烈竞争，但在中国大型科技股今年的上涨背景下，这一急剧下跌尤为明显。这些公司受到 1 月底 DeepSeek 热潮的推动。</p>
</div><p>Some of China's high-profile tech companies have made strong gains this year, despite broader tariff-induced market uncertainty.</p>
<div class="lb-trans"><p>尽管市场因关税引发的不确定性加大，但一些中国知名科技公司今年仍取得了强劲的增长。</p>
</div><p>The tech jump contrasts against sharp losses over the last few years following Beijing's tech crackdown.</p>
<div class="lb-trans"><p>科技股的上涨与过去几年因北京的科技打压而导致的急剧下跌形成鲜明对比。</p>
</div><p>Shares of Alibaba closed 1.2% higher on Tuesday and are 34% higher year to date.</p>
<div class="lb-trans"><p>阿里巴巴的股价周二收盘上涨 1.2%，年初至今上涨 34%。</p>
</div><p>Tencent's stock ended 0.5% higher on Tuesday and is 10.4% higher year-to-date.</p>
<div class="lb-trans"><p>腾讯的股票周二收盘上涨 0.5%，年初至今上涨 10.4%。</p>
</div><p>Xiaomi — known for smartphones, home appliances, and now EVs — closed 5.8% higher on Tuesday and is up 29% so far this year.</p>
<div class="lb-trans"><p>小米——以智能手机、家用电器和现在的电动车闻名——周二收盘上涨 5.8%，今年迄今上涨 29%。</p>
</div><p>Read the original article on Business Insider</p>
<div class="lb-trans"><p>阅读原文请访问 Business Insider</p>
</div>

China tech stocks are red-hot this year — but 2 are plunging as the battle for food delivery dominance intensifies

- 美团和京东股价因激烈竞争下跌，分别跌 8.1% 和 4%。  
- 京东指责竞争对手限制骑手接单，导致股价承压。  
- 其他科技股如阿里巴巴和腾讯则实现显著上涨。  

今年中国科技股表现火热——但随着外卖市场主导权之争的加剧，有两只股票正在大幅下跌