The year of 2016 has witnessed the most dramatic changes of China’s food delivery industry with the continuous influx of hefty capital pitted against food security scandals.

However, as the country’s food delivery industry begins to wind down, the market is becoming more consolidated with a few leading players controlling a dominant share, with an expected worth of 165.29 billion RMB ($24.71 billion USD) in 2016, according to analytics institute iiMedia Research.

Ele.me, Meituan Waimai and Baidu Waimai, three leading companies of China’s food delivery industry, represent 37.5%, 30.5% and 15.0% respectively of the total market as of May this year, the report pointed out.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.