烧了1200多亿后，外卖大战可能不打了，大赢家是京东？

Like
2
Favorite

烧了1200多亿后，外卖大战可能不打了，大赢家是京东？

Ofweek维科网12-03

本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这...

Source Link

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.

Report

Comment（2）

Gb123
·12-04 03:06
大戰會停，補貼不會停，我覺得京東的目標至少是市場百分之20的單量或者百分之30的營業額
Reply
1
Report
Pablo_Chua
·12-03
Wait for few more quarters to see who has the last laught
Reply
1
Report

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2588509764?lang=en_US&edition=fundamental","thumbnail":"","is_english":false,"pubTime":"2025-12-03 13:48","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2588509764","market":"us","top_or_hot":-1,"title":"烧了1200多亿后，外卖大战可能不打了，大赢家是京东？","media":"Ofweek维科网","content":"<div>\n<p>本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b\">Source Link</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>烧了1200多亿后，外卖大战可能不打了，大赢家是京东？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n烧了1200多亿后，外卖大战可能不打了，大赢家是京东？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-03 13:48 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b><strong>Ofweek维科网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4122","symbol_name":"互联网与直销零售","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b","article_id":"2588509764","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2588509764","pubTimestamp":1764740888,"columns":[],"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，美团大约是400来亿，而阿里则超过了500亿。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"BK4122":"互联网与直销零售","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK4558":"双十一","09988":"阿里巴巴-W","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","BK4505":"高瓴资本持仓","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","03690":"美团-W","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","BK4504":"桥水持仓","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","BK4579":"人工智能","BK4588":"碎股","BK4614":"Manus概念股","IE0008368742.USD":"首域中国增长基金I Acc","SG9999002463.SGD":"LionGlobal China Growth SGD","LU1688375341.USD":"贝莱德中国灵活股票基金","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","BK4551":"寇图资本持仓","BK4509":"腾讯概念","09618":"京东集团-SW","BK4220":"综合零售","BK4524":"宅经济概念","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","JD":"京东","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","BK4531":"中概回港概念","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","BK4526":"热门中概股","BK4503":"景林资产持仓"},"translate_title":"After burning more than 120 billion yuan, the take-out war may not be fought. Is the big winner JD.com?","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03690":0.9,"JD":1.5,"09618":0.6,"09988":0.9},"content_text":"本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这可真的是真金白银烧掉的，不是数字游戏。而三季度，三家继续烧钱，按照三季度的报表，三家巨头如果对比去年同期，应该是少了800多亿的营收，换个角度来讲，就是烧掉了800多亿。结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，美团大约是400来亿，而阿里则超过了500亿。不过，外卖大战打到现在，也差不太多了，接下来估计不会再打了，像阿里之前计划的补贴就是500来亿，到目前已经用的差不多了。而像京东、美团也打的差不多了，不会再去打这外外卖大战了，消费者其实也能够感受得到，进入11月份，其实补贴就越来越少了，到了12月份，那就更少了，原因就是三巨头补贴减少。那么问题就来了，烧了这么多钱，打了半年的大战，谁赢了，谁输了？谁输了不好说，毕竟这种战争本来就很难有输家，三巨头底气很足的，输还真的谈不上。但赢家我觉得是京东，他是真赢了。首先，京东烧的钱，不算最多的，大约也就是300来亿，算是三巨头中较少的了。其次，原来的外卖江湖，其实主要就是被美团、阿里垄断的，没有第三家。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":506949484106648,"gmtCreate":1764788802786,"gmtModify":1764788807201,"author":{"id":"4204029759335912","authorId":"4204029759335912","name":"Gb123","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"idStr":"4204029759335912","authorIdStr":"4204029759335912"},"htmlText":"大戰會停，補貼不會停，我覺得京東的目標至少是市場百分之20的單量或者百分之30的營業額","listText":"大戰會停，補貼不會停，我覺得京東的目標至少是市場百分之20的單量或者百分之30的營業額","text":"大戰會停，補貼不會停，我覺得京東的目標至少是市場百分之20的單量或者百分之30的營業額","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/506949484106648","repostId":2588509764,"repostType":2,"repost":{"id":"2588509764","kind":"news","pubTimestamp":1764740888,"share":"https://ttm.financial/m/news/2588509764?lang=&edition=fundamental","pubTime":"2025-12-03 13:48","market":"us","language":"zh","title":"烧了1200多亿后，外卖大战可能不打了，大赢家是京东？","url":"https://stock-news.laohu8.com/highlight/detail?id=2588509764","media":"Ofweek维科网","summary":"但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，美团大约是400来亿，而阿里则超过了500亿。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？","content":"<html><body><article><p>本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。</p><p>但不曾想，今年，<a href=\"https://laohu8.com/S/JD\">京东</a>正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。</p><p>而曾经的巨头<a href=\"https://laohu8.com/S/MPNGY\">美团</a>、<a href=\"https://laohu8.com/S/BABA\">阿里</a>当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110015701137.jpg\"/><p>于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。</p><p>根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这可真的是真金白银烧掉的，不是数字游戏。</p><p>而三季度，三家继续烧钱，按照三季度的报表，三家巨头如果对比去年同期，应该是少了800多亿的营收，换个角度来讲，就是烧掉了800多亿。</p><p>结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，<a href=\"https://laohu8.com/S/03690\">美团</a>大约是400来亿，而<a href=\"https://laohu8.com/S/09988\">阿里</a>则超过了500亿。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110017904595.jpg\"/><p>不过，外卖大战打到现在，也差不太多了，接下来估计不会再打了，像阿里之前计划的补贴就是500来亿，到目前已经用的差不多了。</p><p>而像京东、美团也打的差不多了，不会再去打这外外卖大战了，消费者其实也能够感受得到，进入11月份，其实补贴就越来越少了，到了12月份，那就更少了，原因就是三巨头补贴减少。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110019592629.jpg\"/><p>那么问题就来了，烧了这么多钱，打了半年的大战，谁赢了，谁输了？</p><p>谁输了不好说，毕竟这种战争本来就很难有输家，三巨头底气很足的，输还真的谈不上。但赢家我觉得是京东，他是真赢了。</p><p>首先，京东烧的钱，不算最多的，大约也就是300来亿，算是三巨头中较少的了。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110022298399.jpg\"/><p>其次，原来的外卖江湖，其实主要就是被美团、阿里垄断的，没有第三家。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。</p><p>也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>烧了1200多亿后，外卖大战可能不打了，大赢家是京东？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n烧了1200多亿后，外卖大战可能不打了，大赢家是京东？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-03 13:48 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b><strong>Ofweek维科网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4122":"互联网与直销零售","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK4558":"双十一","09988":"阿里巴巴-W","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","BK4505":"高瓴资本持仓","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","03690":"美团-W","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","BK4504":"桥水持仓","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","BK4579":"人工智能","BK4588":"碎股","BK4614":"Manus概念股","IE0008368742.USD":"首域中国增长基金I Acc","SG9999002463.SGD":"LionGlobal China Growth SGD","LU1688375341.USD":"贝莱德中国灵活股票基金","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","BK4551":"寇图资本持仓","BK4509":"腾讯概念","09618":"京东集团-SW","BK4220":"综合零售","BK4524":"宅经济概念","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","JD":"京东","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","BK4531":"中概回港概念","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","BK4526":"热门中概股","BK4503":"景林资产持仓"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2588509764","content_text":"本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这可真的是真金白银烧掉的，不是数字游戏。而三季度，三家继续烧钱，按照三季度的报表，三家巨头如果对比去年同期，应该是少了800多亿的营收，换个角度来讲，就是烧掉了800多亿。结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，美团大约是400来亿，而阿里则超过了500亿。不过，外卖大战打到现在，也差不太多了，接下来估计不会再打了，像阿里之前计划的补贴就是500来亿，到目前已经用的差不多了。而像京东、美团也打的差不多了，不会再去打这外外卖大战了，消费者其实也能够感受得到，进入11月份，其实补贴就越来越少了，到了12月份，那就更少了，原因就是三巨头补贴减少。那么问题就来了，烧了这么多钱，打了半年的大战，谁赢了，谁输了？谁输了不好说，毕竟这种战争本来就很难有输家，三巨头底气很足的，输还真的谈不上。但赢家我觉得是京东，他是真赢了。首先，京东烧的钱，不算最多的，大约也就是300来亿，算是三巨头中较少的了。其次，原来的外卖江湖，其实主要就是被美团、阿里垄断的，没有第三家。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？","news_type":1,"symbols_score_info":{"03690":0.9,"JD":1.5,"09618":0.6,"09988":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":506797369209528,"gmtCreate":1764751609709,"gmtModify":1764751614035,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Pablo_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":12,"crmLevelSwitch":1,"idStr":"3576326749731922","authorIdStr":"3576326749731922"},"htmlText":"Wait for few more quarters to see who has the last laught","listText":"Wait for few more quarters to see who has the last laught","text":"Wait for few more quarters to see who has the last laught","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/506797369209528","repostId":2588509764,"repostType":2,"repost":{"id":"2588509764","kind":"news","pubTimestamp":1764740888,"share":"https://ttm.financial/m/news/2588509764?lang=&edition=fundamental","pubTime":"2025-12-03 13:48","market":"us","language":"zh","title":"烧了1200多亿后，外卖大战可能不打了，大赢家是京东？","url":"https://stock-news.laohu8.com/highlight/detail?id=2588509764","media":"Ofweek维科网","summary":"但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，美团大约是400来亿，而阿里则超过了500亿。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？","content":"<html><body><article><p>本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。</p><p>但不曾想，今年，<a href=\"https://laohu8.com/S/JD\">京东</a>正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。</p><p>而曾经的巨头<a href=\"https://laohu8.com/S/MPNGY\">美团</a>、<a href=\"https://laohu8.com/S/BABA\">阿里</a>当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110015701137.jpg\"/><p>于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。</p><p>根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这可真的是真金白银烧掉的，不是数字游戏。</p><p>而三季度，三家继续烧钱，按照三季度的报表，三家巨头如果对比去年同期，应该是少了800多亿的营收，换个角度来讲，就是烧掉了800多亿。</p><p>结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，<a href=\"https://laohu8.com/S/03690\">美团</a>大约是400来亿，而<a href=\"https://laohu8.com/S/09988\">阿里</a>则超过了500亿。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110017904595.jpg\"/><p>不过，外卖大战打到现在，也差不太多了，接下来估计不会再打了，像阿里之前计划的补贴就是500来亿，到目前已经用的差不多了。</p><p>而像京东、美团也打的差不多了，不会再去打这外外卖大战了，消费者其实也能够感受得到，进入11月份，其实补贴就越来越少了，到了12月份，那就更少了，原因就是三巨头补贴减少。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110019592629.jpg\"/><p>那么问题就来了，烧了这么多钱，打了半年的大战，谁赢了，谁输了？</p><p>谁输了不好说，毕竟这种战争本来就很难有输家，三巨头底气很足的，输还真的谈不上。但赢家我觉得是京东，他是真赢了。</p><p>首先，京东烧的钱，不算最多的，大约也就是300来亿，算是三巨头中较少的了。</p><img src=\"https://mp.ofweek.com/Upload/News/Img/member46034/202512/03110022298399.jpg\"/><p>其次，原来的外卖江湖，其实主要就是被美团、阿里垄断的，没有第三家。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。</p><p>也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？</p></article></body></html>","source":"tencent","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>烧了1200多亿后，外卖大战可能不打了，大赢家是京东？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n烧了1200多亿后，外卖大战可能不打了，大赢家是京东？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-03 13:48 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b><strong>Ofweek维科网</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4122":"互联网与直销零售","HK0000320264.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) ACC","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK4558":"双十一","09988":"阿里巴巴-W","HK0000306685.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) INC","BK4505":"高瓴资本持仓","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","03690":"美团-W","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","BK4504":"桥水持仓","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","BK4579":"人工智能","BK4588":"碎股","BK4614":"Manus概念股","IE0008368742.USD":"首域中国增长基金I Acc","SG9999002463.SGD":"LionGlobal China Growth SGD","LU1688375341.USD":"贝莱德中国灵活股票基金","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","BK4551":"寇图资本持仓","BK4509":"腾讯概念","09618":"京东集团-SW","BK4220":"综合零售","BK4524":"宅经济概念","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","JD":"京东","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","BK4531":"中概回港概念","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","BK4526":"热门中概股","BK4503":"景林资产持仓"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251203134858a720bc11&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2588509764","content_text":"本来以为，外卖界的战火早熄灭了好几年，不会再发生战争了。但不曾想，今年，京东正式杀入外卖行业，并且一出手就是王炸，直接进行补贴大战，掀起战火。而曾经的巨头美团、阿里当然也不是吃素的，京东你要进来，还要看我们同意不同意，你有钱烧，我们也不缺钱，那就一起打吧。于是在二季度，三巨头全面掀起外卖大战，大家都是巨额补贴，疯狂撒币。根据三巨头的二季度报表，三家巨头在二季度外卖大战中，烧掉了350亿美元左右，这可真的是真金白银烧掉的，不是数字游戏。而三季度，三家继续烧钱，按照三季度的报表，三家巨头如果对比去年同期，应该是少了800多亿的营收，换个角度来讲，就是烧掉了800多亿。结合二、三季度，这三大巨头，补贴上花的钱，达到了1200亿元左右，其中京东大约是300来亿，美团大约是400来亿，而阿里则超过了500亿。不过，外卖大战打到现在，也差不太多了，接下来估计不会再打了，像阿里之前计划的补贴就是500来亿，到目前已经用的差不多了。而像京东、美团也打的差不多了，不会再去打这外外卖大战了，消费者其实也能够感受得到，进入11月份，其实补贴就越来越少了，到了12月份，那就更少了，原因就是三巨头补贴减少。那么问题就来了，烧了这么多钱，打了半年的大战，谁赢了，谁输了？谁输了不好说，毕竟这种战争本来就很难有输家，三巨头底气很足的，输还真的谈不上。但赢家我觉得是京东，他是真赢了。首先，京东烧的钱，不算最多的，大约也就是300来亿，算是三巨头中较少的了。其次，原来的外卖江湖，其实主要就是被美团、阿里垄断的，没有第三家。但如今京东硬生生的插入进来了，成为了三巨头之一，大家点外卖也会想起京东。也许从份额来看，京东还比不上美团、阿里，但仅凭这300来亿，就做成这样，实现了三足鼎立，你说京东是不是赢了？","news_type":1,"symbols_score_info":{"03690":0.9,"JD":1.5,"09618":0.6,"09988":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}