$MEITUAN(03690.HK)$BABA-W(09988.HK) Alibaba's Amap should have entered the local services market earlier. Previously, people would first search for locations on Amap and then check Dazhong Dianping. It's a pity that the management was too poor to act. Now it's too late. I'm rather pessimistic. Dazhong Dianping has been cultivating this market for years and has its own moat.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
