Consumer Staples Jun 09, 2021 07:29 PM (GMT+8) · EqualOcean
Last year, consumer demand for fresh group purchasing by the local community increased. Investments in this area surged, with the community group buying market reaching CNY 75B in 2020 (+120.58% YoY). Here, the market is concentrated on the two-community group buying players Xingsheng Youxuan and Nice Tuan. This briefing is contributed by and first appeared on CIMK.

Source: CIMK