TOKYO: Asian stock markets slipped on Tuesday, extending sharp overnight losses on Wall Street as technology firms bore the brunt of worries about slackening demand, while the dollar sagged after weak U.S. data further sapped confidence in the currency.
The last-mile delivery apps servicing the $2 trillion USD e-commerce market are drawing global attention, notably those that deliver products, groceries, and restaurant-made meals on-demand. McKinsey reports that nearly 25 percent of consumers are willing to pay a significant premium for the privilege of instant or same-day delivery. Younger consumers are also more inclined to choose on-demand over regular delivery options, and this share will likely increase over the next few years. In Latin America, the last-mile delivery market is becoming one of the most competitive in the world. Luckily, the region’s consumers are benefiting from this competition, as startups are rapidly… This story continues at The Next Web