A break free of China’s E-commerce from the lockdown?
A growing number of people are cooking at home and trying new cuisines amid the lockdown which sounds like something terrible for food delivery service as customers have stopped ordering takeaways from restaurants. However, the leading unit Meituan has actually seen a business surge. The sales of fresh produce has jumped more than 200% year-on-year, and the average order size has spiked 70% during this period. Is the self-isolation adopted by millions of Chinese a chance for the burgeoning e-commerce sector? Let’s follow the link and find out in the analysis report by TechNode.