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MEITUAN-W Expects Online Penetration Rate of Service Retail to Rise to 25% by 2030
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Wang Puzhong, CEO of core local commerce at MEITUAN-W (03690.HK), predicted at the China 2025 Service Retail Industry Conference that the online penetration rate of service retail would increase from the current 9% to 25% by 2030. Wang also revealed that the industry reached a scale of RMB7 trillion last year. AAStocks Financial News |
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