Recently, the E-commerce Institute of the Research Institute of the Ministry of Commerce released the “Instant Retail Industry Development Report (2023)”. The “Report” points out that instant retail is a retail business format that meets immediate local demand by placing orders online and instantly fulfilling contracts offline, and relying on local retail supply. In recent years, instant retail has maintained an average annual growth rate of more than 50%. The market size will reach 504.286 billion yuan in 2022, and it is estimated that in 2025 the instant retail market will triple that of 2022.
Report: The size of the instant retail market is expected to triple in 2025 as in 2022
Breakings · 09/21 10:14
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