惠誉评级亚太区企业评级董事贺丹表示,内地惠誉预计补贴大战不可持续,在2025年三季度见顶,随后趋于理性。补贴战发起者阿里-W(09988.HK)和京东-SW(09618.HK)本质是“以外卖带零售”。阿里、京东用高频外卖引流至即时零售与低频电商,补贴退潮后的用户留存仍待观察。董事贺丹表示,市场格局大体不变,美团在正餐外卖的份额变动有限。行业利润空间小、规模门槛高、美团有稀缺运力与优质商家的先发优势...
Source Link惠誉评级亚太区企业评级董事贺丹表示,内地惠誉预计补贴大战不可持续,在2025年三季度见顶,随后趋于理性。补贴战发起者阿里-W(09988.HK)和京东-SW(09618.HK)本质是“以外卖带零售”。阿里、京东用高频外卖引流至即时零售与低频电商,补贴退潮后的用户留存仍待观察。董事贺丹表示,市场格局大体不变,美团在正餐外卖的份额变动有限。行业利润空间小、规模门槛高、美团有稀缺运力与优质商家的先发优势...
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