Total Assets$MEITUAN(03690.HK) steadily took down Dingdong and raided Hema's turf; facing Alibaba's aggressive tactic of poaching 10,000+ delivery riders, it remained calm and composed. Only when the tide goes out do you discover who's been swimming naked.
Robbery-like poaching tactics can't shake a company that has been deeply cultivating its market for years. Everyone says you have no moat? Then why is the competitor still willing to pay any price to poach? Let the business war rage on!
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