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 […]
Consumer Market Trends in China
Demand for packaged food has grown rapidly at the expense of loose products in recent years, driven by rising incomes, demand for convenience and quality and the development of modern retail structures. However, per capita expenditure remains extremely low by Western standards. Dairy products was a particular area of growth, with sales up by 115% […]