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How China's retail market is evolving amid Alibaba and Meituan's instant commerce war
Yahoo Finance· 2025-09-13 17:30
JD.com, which entered the food delivery market in February, and Meituan have taken their instant commerce rivalry to another level, as they started building thousands of central kitchens in strategic locations to speed up fulfilment of online food orders.The size and scope of instant commerce also appear unparalleled in China's economic landscape, as the segment covers hundreds of millions of consumers who have grown accustomed to ordering a wide range of products and services online, with expedited on-dema ...