-
Advertorial
-
FOCUS
-
Guide
-
Lifestyle
-
Tech and Vogue
-
TechandScience
-
CHTF Special
-
Nanhan
-
Futian Today
-
Hit Bravo
-
Special Report
-
Junior Journalist Program
-
World Economy
-
Opinion
-
Diversions
-
Hotels
-
Movies
-
People
-
Person of the week
-
Weekend
-
Photo Highlights
-
Currency Focus
-
Kaleidoscope
-
Tech and Science
-
News Picks
-
Yes Teens
-
Fun
-
Budding Writers
-
Campus
-
Glamour
-
News
-
Digital Paper
-
Food drink
-
Majors_Forum
-
Speak Shenzhen
-
Business_Markets
-
Shopping
-
Travel
-
Restaurants
-
Hotels
-
Investment
-
Yearend Review
-
In depth
-
Leisure Highlights
-
Sports
-
World
-
QINGDAO TODAY
-
Entertainment
-
Business
-
Markets
-
Culture
-
China
-
Shenzhen
-
Important news
在线翻译:
szdaily -> Business
China’s food delivery market surges 23% in 2017
    2018-January-23  08:53    Shenzhen Daily

THE country’s food delivery market registered fast growth last year as young Chinese are increasingly choosing to order food online, a report showed.

The online food delivery market hit 204.6 billion yuan (US$31.9 billion) in 2017, 23 percent more than the previous year, according to a report by Meituan Waimai, a major food delivery firm.

Almost 300 million users have used online services to order food, the report showed.

Young people were among the most active users, according to Jiang Junxian, director of the China Cuisine Association (CCA).

According to Jiang, while the online food delivery market has seen rapid expansion, there is still room for businesses to grow as food delivery accounts for a relatively small portion of the total catering industry.

CCA data showed that the country’s catering market flourished in 2017 with its overall revenue exceeding 3.96 trillion yuan, up 10.7 percent year on year.

According to Yang Wenjie from Meituan Waimai, one of the growth points for food delivery came from smaller cities, which have seen faster expansion in orders compared with major cities.

China’s booming online catering market was also boosted by the popularity of mobile payment. Around 60 percent of Chinese paid for food via smartphones, according to the CCA.(Xinhua)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn