On-demand Services

China online food delivery is now a RMB 20 million market

The Singapore-headquartered company operates in 6 countries.

Baidu explained that driverless food delivery is more applicable to orders of large quantities.

Didi Chuxing claimed it’s the largest food delivery app in Wuxi city eight days after its launch.

Plus, South Korean conglomerate SK Holdings invested in Grab. Mirae Asset Financial Group plans to raise a US$264.8 million fund to invest in Didi Chuxing. 

The launching of Didi Chuxing, the landscape of the ride-hailing market, and the Chinese ride-hailing giant’s showdown with Uber, all in Mexico.

In China, there is a saying that ‘people treat food as god’. In this most populated country in the world, food is the number one issue at all time.

China’s Meituan-Dianping could potential also invest in Swiggy again. In February, Meituan, along with Naspers, had just shelled out $100 million for Swiggy.