On August 18, MEITUAN-W fell 3.19% in regular trading, trading at 84.85 HKD/share, with turnover of 18.55 billion HKD. The decline extends recent weakness as the stock has dropped from 91.25 HKD earlier in the week.

On the competitive front, recently released industry data shows the food delivery market has shifted to a three-way battle, with Meituan holding 43%, Taobao Flash Purchase at 42%, and JD Food Delivery at 15%. Taobao Flash Purchase has surged from roughly 20% to over 45% market share within a year, with daily orders stabilizing around 60 million and peak volumes exceeding 120 million. The narrowing gap has raised concerns about Meituan's long-standing dominance in instant retail. Meanwhile, platform subsidy intensity across the industry has retreated, with all three major players redirecting capital toward AI and new business lines.

Within the Internet and Direct Marketing Retail sector, performance was mixed. Among individual stocks, BABA-W rose 1.39%, while JD-SW fell 2.3%, JD HEALTH fell 3.99%, ALI HEALTH fell 2.9%, and PA GOODDOCTOR fell 3.78%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)