Navigating China’s food delivery: A soon-to-be half-trillion dollar billion industry
The online food delivery market in China is thriving, with numerous platforms providing a variety of culinary choices to meet the needs of the country’s extensive and diverse population. The market is predicted to reach a revenue of USD 395.9 billion in 2023, making China the world’s largest food delivery market. The market is also […]
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 […]