He's got his eyes on the food delivery industry this time.
Nowadays, the food delivery industry is almost entirely dominated by the Blue and Yellow armies.
The bitter fruit of the split domination is: now when ordinary folks order a meal, 20%-30% of their money is taken by the delivery platforms.
This makes a 20-yuan meal that you could eat in-store cost about 25-30 yuan when ordered through a delivery platform.
When delivery platforms first launched, ordering delivery was cheaper than eating in-store.
Of course, this was due to the insane subsidies from their price war.
But even after the subsidies stopped, with a 15% cut, merchants could still make some money, and consumers found the prices acceptable.
Now that it's gone up to 20%-30%, it greatly burdens both merchants and consumers.
The result: platforms are making a killing through monopoly, while merchants and consumers bear the brunt.
