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by boomzilla
5069 days ago
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Actually I think this business model works better in big and dense Asian cities. There are a few things going for them:
1. cheaper labor: that drives down delivery costs
2. low credit card penetration is a business advantage: the drivers (or bicycle riders :), can collect COD. That saves card transaction fee too ...
3. buying habit: I know for certain that many Asians still shop groceries daily. This, together with a very busy, growing, new middle class, provides for a big and fast growing market |
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