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Groceries help Meituan grow into third most valuable internet company in China

Online grocery is booming in China. Meituan runs a Super App that offers Chinese consumers option to purchase fresh food, groceries and household items, as well as other services such as meal delivery, hotel, taxi and restaurant bookings. It also allows community-buying, a fast growing niche in Chinese market, where people band together to buy groceries at better prices.

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