Meituan has more to lose than JD and BABA, being 70% market share. JD and BABA are better positioned to fight this. Think about it - the most robust last mile delivery system in the world - built out by JD. It is very adept at managing thin margins and know where to carve its niche. Expansion overseas to Europe, HK. It is very well diversified. BABA - has other revenue sources already carved out a while ago and building momentum on. Meituan? Only has food As mainstay. JD will take market share from Meituan for sure And establish its niche in the market, using its JD platform which it also uses as a superapp for many other things.
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