June 26, 2026 Tech that matters — in two languages
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Tags: Chinese market

Behind the Closure of Restaurants: The Reality of the Digital Era as Reflected in the Secondhand Equipment Market
Internet Voices

Behind the Closure of Restaurants: The Reality of the Digital Era as Reflected in the Secondhand Equipment Market

A 20,000-square-meter secondhand restaurant equipment market in Yanjiao, China, reveals the realities of restaurant startups. With equipment from around 7,000 failed establishments, it highlights the shifting relationship between digital platforms and the food and beverage industry, marked by the rise of delivery-focused small-scale outlets and the rapid decline of trendy categories born from social media.

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