The movement restriction has banned people from leaving their homes, and also poured a bucket of cold water on the upgrowing e-commerce. Delivery is not promised during the quarantine due to the staff short, in addition, people are showing little interests in nonessentials and have switched to daily necessities purchasing. Restaurants were forced to shut down which has resulted in a dismal outlook of waimai (food delivery) despite the uptick in short-distant grocery deliveries. Is there any opportunity lying ahead? Please follow the link and check out with TechNode. (Wenhui)
