Café de Coral: I have been in contact with Meituan in the future or have a cooperation in principle
Regarding Meituan, the leading food delivery company in the mainland, about to enter the Hong Kong market, Cheng Zigang, Marketing Director of Café de Coral Group (00341.HK), said in an interview today that Meituan has always been partner of Café de Coral in the mainland, so both parties are willing to continue in Hong Kong. For cooperation, the other party also has a contact group, but it has not been formally implemented. I’ n believe that there could be principled cooperation in the future. According to reports, Café de Coral’s food delivery business accounted for around 25% before the epidemic, and has now risen to more than 40%. However, ordering food delivery through third-party platforms accounts for less than 2% of food delivery. business. (Gelonghui)
