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Md Delwar Hossain
Apr 10, 2022
In General Discussions
Recently, People's Daily commented on community group buying: "Don't just think about a few bundles of cabbage, the sea of ​​stars of technological innovation is even more exciting." For a time, the topic of community group buying remained high. In fact, under the influence of this year's epidemic, the fresh food consumption model of online ordering and special database community group buying has been quietly popular; at the National Retail Conference held on November 22, Pei Liang, president of the China Chain Store & Franchise Association, mentioned that. The biggest highlight of brick-and-mortar retail this year is that community group buying has been soaring. Among them, the most concerned is the high growth trend of the prosperity and selection of leading players in community group buying. According to the special database official introduction of Xingsheng Preferred, its average daily order volume has exceeded 8 million, and its GMV in 2019 is as high as 10 billion yuan, a year-on-year increase of 1250%; the success of the business model and the continuous rapid growth of performance. Have made Xingsheng Preferred favored by capital. Since its establishment, it has obtained a total financing amount of more than 1 billion US dollars, making it the company with the strongest financing capability on the community group buying track. However, special database the temporary lead does not mean that Xingsheng Preferred can sit back and relax; giants such as Didi, Meituan, and Pinduoduo have entered the game one after another, using huge subsidies to quickly open up the market, involving Xingsheng Preferred in a new round of Internet "burning money wars".
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Md Delwar Hossain
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