Grocery Delivery

Existing shareholder Hidden Hill Capital also participated in this round.

Daily active users of online on-demand services have declined by more than half.

In January, Walmart had started restructuring its loss-making B2B business unit in India.

Products such as fresh food that were previously sold overwhelmingly offline have seen huge rise in online orders during the health crisis.

As customer fears about the coronavirus cast a shadow over China’s food delivery industry, several companies have announced robot-delivery related services.

The company competes with food-delivery major Swiggy.

The vehicles can complete deliveries within a 5 km radius.

Mobile games, short-video apps, and online medical services are some sectors who saw growth.