And entering local life has been a tacit and common choice of major Internet companies in recent years In fact Douyin had already begun to layout local life and set up a POI team in September It was not until around that Douyin began to show some substantive actions such as establishing a food delivery business Xindong Food Delivery and forming an alliance with Eleme to pilot a new food delivery scenario of See Now Click Now in Nanjing to match the immediate needs of local life Delivery and fulfillment to your doorstep etc Picture Douyins layout of local life Since then Douyin has reported that
it will launch takeout services across the country in March this year Officials responded that group purchase and delivery has been piloted in Beijing Shanghai and Chengdu and merchants are open to selfservice USA Student Phone Number List entry Douyin which has nearly million users and WeChat which connects more than billion users why do they all focus on local life Returning to the track itself iResearch data shows that Chinas local life service market size is trillion in and this number will grow to trillion by The online penetration rate of local life services will also increase from in to in Obviously the local life field is the best
way to monetize Internet platform traffic The essence of every innovation in the retail industry is to improve efficiency and always focus on cost efficiency and experience because highefficiency and lowcost retail formats will eventually replace inefficient and highcost retail formats The entry of Internet platforms into local life will inevitably bring about an efficiency revolution led by digital technology The realtime retail platform represented by Meituan Flash Sales continuously reaches young consumers with clicktoclick delivery that exceeds.