US EditionQuick Commerce: the New Retail War that Displaces Traditional Ecommerce
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In China, Meituan reached up to 150,000,000 orders per day between food and retail goods, driven by a massive subsidy war. Quick Commerce grows about 2.5 times faster than the traditional ecommerce. Alibaba’s Taobao Shanghai exceeded 60,000,000 orders per day in just two months since its launch. Quick Commerce: the new retail war that is no longer in the ecommerce Retail is undergoing a transformation and the new battlefield is not the tradition…
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