Community Group Buying became really popular in China, especially during & post the pandemic. Chinese companies have raised billions of dollars, with Xing Sheng You Xuan 兴盛优选 leading the bandwagon.
I am just curious to ask what should be the reason that 27.5% of daily essential is delivered by online players in China while in india, this segment is struggling including Milk basket?
Solid stuff Rahul
This is a very good case study.
I am just curious to ask what should be the reason that 27.5% of daily essential is delivered by online players in China while in india, this segment is struggling including Milk basket?
I’ve many thoughts on this point but I’ll share a simple analogy- e-commerce penetration in 2019 for China was ~21% whereas India was ~4%.