There are more than 300 million takeout users in China, and the takeout market has broad prospects
On August 23, at the conference call on meituan's second quarter financial report, asked how the company can achieve long-term growth of takeout, CEO Wang Xing said that China's urban population is 860 million. Calculated by three meals per person per day, it needs 2.5 billion meals per day. The combined penetration rate of the two companies in the industry is only 2%, which has great growth potential. With the process of urbanization and the change of lifestyle, The proportion of cooking at home will decline.