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<Research>G Sachs Lists Recent Developments in Instant Retail Biz of CN E-commerce Platforms (Table)
Goldman Sachs published a report on the Chinese e-commerce industry, listing recent developments in instant retail for mainland e-commerce platforms:1) MEITUAN-W (03690.HK)Food Del...
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<Research>G Sachs Lists Recent Developments in Instant Retail Biz of CN E-commerce Platforms (Table)
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Goldman Sachs published a report on the Chinese e-commerce industry, listing recent developments in instant retail for mainland e-commerce platforms:

1) MEITUAN-W (03690.HK)  -2.000 (-1.629%)    Short selling $724.97M; Ratio 9.654%  
Food Delivery: Daily average order volume exceeded 90 million since June
Instant Retail: Over 100 million users during the 618 Shopping Festival
MT Instashopping saw transaction volume growth of more than 1x across over 60 product categories

Related NewsGuosen Securities Reviews Recent Southbound Stock Connect Holdings in Tea Beverage Stocks: MIXUE GROUP/ GUMING/ CHABAIDAO See Increases
2) BABA-W (09988.HK)  -1.100 (-1.036%)    Short selling $1.26B; Ratio 11.309%  
Food Delivery: Combined daily order volume of Ele.me and Taobao Instant Commerce
May 26 (daily orders 40 million) -> June 23 (daily orders 60 million)
Target to reach 80 million daily orders by the end of August

3) JD-SW (09618.HK)  -1.100 (-0.878%)    Short selling $228.58M; Ratio 10.465%  
Food Delivery: Daily average order volume exceeded 25 million in June
Riders: Over 120,000 full-time riders hired by mid-June
Aiming to surpass 150,000 by the end of June
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)

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