Dajia Picks

If you're eating noodles, you have to pay for them. If you say you don't want to pay but still want to eat, then you don't actually want noodles. Those who refuse to pay aren't truly hungry, and those unwilling to bear the cost don't really desire it.

Store traffic and conversion rates hovered around 2% to 3% across the 2,500 stores, averaging just eight yuan in daily profit per store—with a 0.2 profit margin—that’s the baseline for convenience stores.

First published 2023-09-22 13:57:50