Yangtze Evening Post reported that the first half of 2023 has seen the online fresh food and community group buying sectors experience contrasting fortunes.
On the one hand, Dingdong Maicai is closing stores and retreating from cities, and Meiri Youxian is facing delisting. Meanwhile, Alibaba's Hema is initiating plans to go public, and Xingsheng Youxuan is aggressively expanding its group stores.
The online fresh food market continues to witness both success and struggle. The eCommerce Research Center of the Internet Economy Society recently released the "2023 (H1) China Fresh Food E-commerce Market Data Report".
The report estimates that the scale of the fresh food e-commerce transactions in 2023 will reach RMB 642.76 billion, a year-on-year increase of 14.74%, a record-low growth rate.
Modai Qing, the Director of the Internet Retail Department and Senior Analyst at the eCommerce Research Center of the Internet Economy Society, stated,
Fresh food e-commerce is a branch u...
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