Hole in the wall 2.0: How China’s food delivery industry is changing the restaurant business

Ever wonder why ordering takeout is so cheap in China? While Alibaba and Tencent jostle for dominance in the waimai market, small family-owned restaurants are feeling the pinch.   It’s nearing six o’clock on a Monday night in Shanghai and Mr. Wang is working fast, grabbing brown paper bags full of steaming bowls of soupy … Continue reading Hole in the wall 2.0: How China’s food delivery industry is changing the restaurant business