交银国际发研报指，12月5日，抖音生活服务官方宣布推出餐饮团购配送业务，并与顺丰同城、达达快送、闪送达成战略合作，将逐步实现团购套餐“全城平均1小时达”。抖音生活服务通过与生态合作伙伴，补齐外卖业务履约能力，长期利好外卖大盘线上渗透率提升。美团在平台运营侧仍有优势，内生增长仍稳定。百度文心行业大模型持续落地：百度发布5个行业大模型，累计行业大模型已达11个，覆盖电力、燃气、金融、航天、传媒、城市等领域，加速推动行业智能化转型升级。投资启示：短期互联网公司仍以有质量的增长及利润释放为核心。目前行业估值处于3年历史低位，业绩趋稳，上行机会较大，首选在核心及新业务继续扩张的美团（3690HK/买入）。
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.