BEIJING—China’sfooddeliverymarketregisteredfastgrowthlastyearasyoungChineseareincreasinglychoosingtoorderfoodonline,areportshowed.
Theonlinefooddeliverymarkethit204.6billionyuan(about$31.9billion)in2017,23percentmorethanthepreviousyear,accordingtoareportbyMeituanWaimai,amajorfooddeliveryfirm.
Almost300millionusershaveusedonlineservicestoorderfood,thereportshowed.
Youngpeoplewereamongthemostactiveusers,accordingtoJiangJunxian,directoroftheChinaCuisineAssociation(CCA).
AccordingtoJiang,whiletheonlinefooddeliverymarkethasseenrapidexpansion,thereisstillroomforbusinessestogrowasfooddeliveryaccountsforarelativelysmallportionofthetotalcateringindustry.
CCAdatashowedthatthecountry’scateringmarketflourishedin2017withitsoverallrevenueexceeding3.96trillionyuan,up10.7percentyearonyear.
AccordingtoYangWenjiefromMeituanWaimai,oneofthegrowthpointsforfooddeliverycamefromsmallercities,whichhaveseenfasterexpansioninorderscomparedwithmajorcities.
China’sboomingonlinecateringmarketalsoboostedthepopularityofmobilepayment.Around60percentofChinesepaidforfoodviasmartphones,accordingtotheCCA.
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