海外，ai(noco_老虎社区_美港股上老虎

海外，ai(nocode)都有不错进展。我认为jd影响是噪音，中期视角可以忽略，可能1/2季度大家会关注，到26年末我认为不会对现在格局有本质区别，抖音本地生活是威胁，接近52周低点，拿他3个月再看。25/5/26

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