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Alexander KremerContributorAlexander Kremer is partner and head of China at venture capital firm Picus Capital. More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic. These companies have raised more than $2 billion to date.Existing and well-funded online food-delivery service players like
crocs online shop Delivery Hero are also joining the race by launching dedicated grocery offerings. However, if lessons from the world s largest online grocery market, China $400 billion , matter, then it s clear that instant delivery is
hoka trekkingschuhe not the magic bullet to crack the dominance of Europe s incumbent supermarket chains in the overall $2 trillion-plus flat market.Instead, China s quick-commerce equivalents like Dingdong Maicai, Miss Fresh and Meituan Maicai compete alongside a wealth of other online grocery models such as Pinduoduo, JD s Super and Alibaba s Taoxianda , which have helped brin
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