VATS: Actively laying out instant retail business
On August 19th, VATS stated at an analyst meeting that the company is actively laying out its instant retail business. By integrating existing store resources and supply chain advantages, with the innovative store model "VATS Select" as the core, the company is promoting a service upgrade: by lightweight and intelligent transformation of traditional tobacco and liquor stores, quickly connecting to mainstream instant delivery platforms such as Meituan Waimai, JD Instant Delivery, and Douyin Hourly Delivery, to build a service closed loop of "online ordering - store shipping - delivery in as fast as 15 minutes."
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