Goldman Sachs published a research report stating that less than two months after JD.com launched its food delivery business, the growth rate of its food delivery orders exceeded expectations and has reached one-sixth of its peer Meituan's daily order volume. Goldman Sachs believes that JD.com's risk-return ratio is attractive, maintains its "buy" rating, and lists it on the convinced buy list. Goldman Sachs also gave Meituan a "buy" rating, believing that the valuation has an upward trend. Once the competitive landscape tends to stabilize, the target prices of both companies will have significant upside potential.