Capital, Earnings & M&A
The Aftermath of Community Group Buying
Grain, oil, and FMCG listed companies are deeply affected; community group buying is no longer just a business of 'a few bundles of vegetables, a few pounds of fruit.' After a wild sprint, the 'aftermath' left by community group buying on the entire market is far greater than imagined. The grain, oil, and seasoning industry has been hit particularly hard. During the traditional e-commerce boom, basic grain, oil, and seasonings like soy sauce, due to low added value, high weight, and fragility, still relied firmly on traditional distribution channels. By the time of community group buying's aggressive expansion...
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