{"id":7803,"date":"2019-04-04T01:24:13","date_gmt":"2019-04-04T01:24:13","guid":{"rendered":"http:\/\/onthe8spot.com\/?p=7803"},"modified":"2019-04-04T01:24:13","modified_gmt":"2019-04-04T01:24:13","slug":"meituan-and-alibaba-have-reshaped-food-delivery-in-china-2","status":"publish","type":"post","link":"http:\/\/onthe8spot.com\/index.php\/2019\/04\/04\/meituan-and-alibaba-have-reshaped-food-delivery-in-china-2\/","title":{"rendered":"Meituan and Alibaba Have Reshaped Food Delivery in China"},"content":{"rendered":"<blockquote>\n<div class=\"theme-bw Paragraph__JtPVuNuTS8 sc-caSCKo lhqRtR\">\nThe math, and Meituan\u2019s potential, can be dizzying. China\u2019s urban areas have 2,426 people per square kilometer (6,283 per square mile), almost eight times the comparable U.S. population density. While the U.S. has 10 cities with 1 million or more people, China has 156. Deliveries in China cost about $1, compared with $5 in the U.S., iResearch says. Meituan retained about 63 percent of the country\u2019s meal delivery market at the end of 2018, according to Bernstein Research, even as Alibaba spent billions over the previous several years to capture most of the rest.\n<\/div>\n<div class=\"theme-bw Paragraph__Ntw81aT0pyj sc-caSCKo lhqRtR\">\nThe growing conflict and its costs have delayed some of Wang\u2019s other initiatives. He put on hold an expansion into ride-hailing after setting up money-losing experiments in two cities. He says he\u2019s now focused on getting each delivery person to drop off 40 percent more orders. Wang estimates Alibaba, based on its balance sheet, can afford to spend at its current level for about 12 more months, but he expects to last years.\n<\/div>\n<\/blockquote>\n<p>Source: <em><a href=\"https:\/\/www.bloomberg.com\/features\/2019-meituan-china-delivery-empire\/?utm_source=pocket&amp;utm_medium=email&amp;utm_campaign=pockethits\">Meituan and Alibaba Have Reshaped Food Delivery in China<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The math, and Meituan\u2019s potential, can be dizzying. China\u2019s urban areas have 2,426 people per square kilometer (6,283 per square mile), almost eight times the comparable U.S. population density. While the U.S. has 10 cities with 1 million or more people, China has 156. Deliveries in China cost about $1, compared with $5 in the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/onthe8spot.com\/index.php\/2019\/04\/04\/meituan-and-alibaba-have-reshaped-food-delivery-in-china-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Meituan and Alibaba Have Reshaped Food Delivery in China&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[],"class_list":["post-7803","post","type-post","status-publish","format-standard","hentry","category-personal-angol"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/7803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/comments?post=7803"}],"version-history":[{"count":0,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/posts\/7803\/revisions"}],"wp:attachment":[{"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/media?parent=7803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/categories?post=7803"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/onthe8spot.com\/index.php\/wp-json\/wp\/v2\/tags?post=7803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}