glimmero
10-24

$MEITUAN-W(03690)$

JD's core home appliance business is slowly being chipped away by Meituan. The internal management at JD $JD.com(JD)$ is disorganized, and when it comes to strategic focus and execution, JD simply doesn't compare to Meituan. Meituan was even able to take on Douyin and win, so dealing with JD is hardly a challenge for them. As more and more consumers shift toward Meituan's services, JD is facing increasing pressure. Wang Xing, the founder of Meituan, is arguably one of China's most formidable entrepreneurs, second only to Lei Jun.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment