China’s duopoly food delivery market
China’s food delivery market is forecasted to exceed 941.74 billion RMB in 2022, making China the world’s biggest O2O (online to offline) food delivery market. Despite the enormous market size and growth, it has displayed, the O2O food delivery market is still far from fully saturated. As the market scale continues to grow rapidly, the […]
What’s next for the online grocery market in China after the stay-at-home economy slows?
Think grocery delivery is a COVID-19 fad? Not in China. Some Chinese consumers had been ordering grocery delivery as early as 2005, and as of 2021, grocery delivery in China is becoming a standard. Online grocery refers to the means of selling groceries through online platforms; this can be through apps but also offline shopping […]
Food delivery in China: A rapidly expanding tech battleground
The size of O2O catering market in China is growing as more Chinese order delivery for their meals. In 2018 revenues of online food delivery in China reached over 34 billion USD. The same year, online food sales rose by 36.8%. According to a recent report from the Qianzhan Industry Research Institute, the size of […]
AI in the Food and Beverage industry in China: the future of dining starts today | Daxue Consulting
Advances in technology and artificial intelligence have made many things possible in China, especially on-demand food ordering. The use of AI in the food and beverage industry in China allows players to save time in the production phase in order to focus on more creative solutions and research. Now robots can be found in restaurants […]