From Nikkei Asia · · 40s
Convenience stores lose customers to cheap delivery apps
China's convenience stores see sales drop as instant delivery apps offer faster, cheaper alternatives.
In brief
China's convenience stores see sales drop as instant delivery apps offer faster, cheaper alternatives. China's convenience stores report sales declines as instant delivery apps provide faster, cheaper options. Originally reported by Nikkei Asia.
China convenience stores
China's convenience stores lose customers to cheap instant delivery apps.
Sales decline
Half of convenience chains reported sales declines in the first half of this year.
Delivery apps
Purchases arrive at buyer's doorstep in 10 minutes for less than a dollar.
Industry data
Chinese convenience stores are steadily losing customers according to latest industry data.
Consumer shift
Speedy and low-priced delivery apps redefine convenience for Chinese consumers.
At a glance
China's convenience stores report sales declines as instant delivery apps provide faster, cheaper options.
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