Empty Tables, Low Margins Show Cost of China’s Food Delivery War

Empty Tables, Low Margins Show Cost of China’s Food Delivery War



Empty Tables, Low Margins Show Cost of China’s Food Delivery War
As Chinese consumers snag 14-cent coffees and 50-cent meals thanks to a fierce price war among food delivery platforms, restaurants and tea chains are counting the cost of vanishing footfalls.


www.bloomberg.com
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