Chinese Retail Market: Chinese Consumer Embraces O2O Services
Chinese Retail Market: Are Chinese Shoppers Still Buying in Stores? Over the past two years, non-store Chinese retail market posted a 48.5% current value growth. With the decelerating growth of the Chinese economy, a too aggressive expansion in the last few years leading to homogenization and oversupply, and the issue of increasing operational costs, the […]
Strategies of China online group buying websites
Past four years from 2010 to 2013 have witnessed tremendous changes happening in China online group buying industry. Market player number shrinks from above 5000 to 213 from 2011 to 2013. Previous market leader Lashou significantly lost its competitive edge within one year. Contrarily, Meituan stood out in the race, with 42.6% market share ranked […]