In China, food delivery order volume is reaching 500 million users in 2020

A large number of food delivery consumers in China are people in their 20s - 30s.

In China, food delivery order volume is reaching 500 million users in 2020 | BEAMSTART News

Food delivery is a massive business in China, with giants such as Meituan and growing significantly over the past few years.

Recent data at the end of 2020 has shown that the number of users using food delivery services in the country is approaching 500 million people.

A large segment of food delivery orders placed are by users born in the 1980s and 1990s, much of their consumption attributed to their busy working schedules.

A food delivery rider racing to deliver a customer's order.

As of the end of 2020, total food delivery order volume nationwide is approaching $2.65 billion, an increase of 7.5% year-on-year.

It is expected that the transaction scale of the food delivery market will eventually surpass $129.17 billion, an increase of 14.8% year-on-year.

With food delivery services being available all-day-long, afternoon tea and night meals have also boomed in the recent years among consumers.

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