Recently, JD.com’s store-warehouse integration may have confirmed this point.
In addition, fierce competition in the industry has also driven JD. list of lebanon whatsapp phone numbers instant retail transformation.
Instant retail meets users' demand for "buy now, get now". The industry has developed rapidly in recent years and is showing a trend of continuous expansion. In 2023, the scale of China's instant retail will reach 650 billion yuan, a year-on-year increase of 28.89%, and is expected to exceed 2 trillion yuan by 2030.
Among them, many outstanding players have emerged in the forward warehouse track.
At the "2024 Meituan Instant Retail Industry Conference" in October this year, a Meituan official said that flash warehouses (retail forward warehouse model) are the biggest opportunity for instant retail. Currently, there are more than 30,000 flash warehouses in the United States, and it is planned to build 100,000 warehouses by 2027.
According to LatePost, by the second quarter of this year, Meituan's self-operated instant retail business, Elephant Supermarket, had opened more than 680 forward warehouses, of which about 550 were located in the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen. The business achieved a sales growth rate of more than 30% in the first half of this year.
Dingdong Maicai's forward warehouses have also achieved remarkable results. In the third quarter of this year, it achieved revenue of 6.54 billion yuan, a year-on-year increase of 27.2%, and achieved positive year-on-year growth for three consecutive quarters. At the same time, Dingdong Maicai has achieved profitability under Non-GAAP standards for eight consecutive quarters. This shows that Dingdong Maicai has already run the forward warehouse model in a relatively stable and mature manner.
