Instant retail sizzling as turf war among big names heats up
Delivery employees pass through Beijing’s central business district on Feb 20. [ZHAO WENYU/CHINA NEWS SERVICE] Competition in China’s instant retail sector is intensifying as major online players are upping the ante on lucrative on-demand food delivery services to seek new sources of revenue and bolster the digital transformation of traditional brick-and-mortar stores, experts said. They…