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Courier Giant SF Tests Food-Delivery Market

By Qian Tong and Mo Yelin / May 12, 2020 03:30 PM / Business & Tech

Photo: Visual China

Photo: Visual China

SF Holding Co. Ltd., parent of courier giant SF Express, is testing a new food-delivery service targeting business clients buying in bulk. If it moves ahead with the plan, it would become the latest challenger in a crowded market dominated by the two tech giants – Meituan Dianping and Alibaba.

The service dubbed Fengshi, or “abundant food” in English, is currently only available for use by SF Holding’s own employees. It will be opened to the general public after the company has developed a mature plan, a company spokesperson told Caixin on Monday.

SF Holding has rolled out a series of measures to attract more merchants to the service, including zero franchise fees and promising low commission rates.

The company has not launched its own app for the Fengshi food service and instead has opted for a mini program inside the ubiquitous WeChat app. It used this mini program to announce that it has partnered with dozens of restaurant brands, including Pizza Hut, popular Inner Mongolian food chain Xibei and fast-food chain Real Kungfu.

Read the full story on Caixin Global later.

Contact reporter Mo Yelin (yelinmo@caixin.com)

Related: In Depth: Covid-19 Might Be Make-or-Break for Meituan


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