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China’s on-demand market to hit trillion yuan by 2025: report

by Josh Yang
July 28, 2022
in Market

On-demand retail is a rapidly growing market in China that is expected to exceed $148 billion by 2025. This market is defined as a model where consumers’ online orders are fulfilled within an hour by brick-and-mortar retailers located within a 3 to 5-kilometer radius.

The key driver for the future growth of on-demand retail is the convenient fulfillment of consumers’ orders. This service is available through many on-demand retail platforms, such as Dada Group. These platforms allow customers to order products online and receive them within an hour from a nearby retailer.

This convenience is expected to appeal to more and more consumers in China, leading to rapid growth in the on-demand retail market.

News Source: Dada Group

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Josh Yang

Josh Yang

Josh Yang is a Tech Writer who loves helping people understand what's going on in the tech industry. He writes about all things tech, from the newest gadgets to how to get your cat off your keyboard. Josh has been writing since 2013 and enjoys discovering new topics and sharing them with his audience.

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