Are these trillion-dollar internet giants in the country really not considering the impact on the capital market and shareholder rights when making decisions? Why does it still feel like the strong localism of a small shop at the village entrance?

Even if you win the battle for food delivery, the increase in Meituan's market value only translates to a 40% impact on Alibaba. Meanwhile, the seven sisters in the US stock market have increased several times due to AI.

Now, if the future continues to be mired in the food delivery war, it's possible that this time, the combined decline of several internet giants could equal the market value drop of Meituan. $Alibaba (BABA) $