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Kuaishou Local Life Launches Independent 'Food Delivery' Entrance w/ Most Products Coming from MEITUAN-W/ Other 3rd Parties
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KUAISHOU-W (01024.HK)'s Kuaishou Local Life recently launched an independent 'food delivery' entrance on its 'group buying' page, which connects to the 'food delivery carefree purchase' page. The products cover categories such as hamburgers, pizza, coffee, milk tea, fast food and boxed meals, with brands including KFC, McDonald's, Luckin Coffee and Starbucks. Currently, the products on the page are mainly divided into two categories, naming products available for both takeaway and in-store pickup and products that only support takeaway only. Most of the takeaway only products come from MEITUAN-W (03690.HK). For this type of product, after users place an order and select online ordering, they will be redirected to a third-party mini program such as Meituan, where a third party will provide delivery services. AAStocks Financial News Website: www.aastocks.com |
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