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Multinationals race into China’s US$143.9 billion instant retail market (www.scmp.com)

submitted 2 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital

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More foreign companies have rolled out instant delivery services exclusively for China or upgraded to more comprehensive offerings in the country, as they vie to stand out in the highly digitalised market and cater to consumers’ strong demand for instant services. Multinationals offering instant delivery now include Swedish furniture retailer Ikea, German tyre manufacturer Continental, US warehouse-style retailer Sam’s Club and German discount supermarket chain Aldi Nord. “China leads the world...

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