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China’s Food Delivery Apps Slice Into Fast Food Profits

October 12, 2015
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China’s Food Delivery Apps Slice Into Fast Food Profits

October 12, 2015
Food delivery apps in China are giving fast food chains like KFC and Pizza Hut a run for their money. An ever-increasing competition between food delivery apps backed by eCommerce giants, such as Alibaba’s Meituan, Baidu’s Waimai and Tencent’s Ele.me, is sharply cutting costs and creating a win-win situation for Chinese consumers, Reuters reported. The […]