In 2023, home to around 26.9 percent of the new-style tea beverage stores of BaiCha BaiDao(also known as "Chabaidao" or "ChaPanda") in China, new first-tier cities remained the most important market of the company. However, the company has proactively expanded its store network in lower tier cities recently for consumption growth.
Distribution of the new-style tea beverage stores of Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao/ChaPanda) in China from 2021 to 2023, by city tier
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HKExnews, & ChaPanda. (February 23, 2024). Distribution of the new-style tea beverage stores of Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao/ChaPanda) in China from 2021 to 2023, by city tier [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1536781/baichabaidao-store-coverage-breakdown-by-city-tier/
HKExnews, und ChaPanda. "Distribution of the new-style tea beverage stores of Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao/ChaPanda) in China from 2021 to 2023, by city tier." Chart. February 23, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1536781/baichabaidao-store-coverage-breakdown-by-city-tier/
HKExnews, ChaPanda. (2024). Distribution of the new-style tea beverage stores of Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao/ChaPanda) in China from 2021 to 2023, by city tier. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1536781/baichabaidao-store-coverage-breakdown-by-city-tier/
HKExnews, and ChaPanda. "Distribution of The New-style Tea Beverage Stores of Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao/Chapanda) in China from 2021 to 2023, by City Tier." Statista, Statista Inc., 23 Feb 2024, https://www.statista.com/statistics/1536781/baichabaidao-store-coverage-breakdown-by-city-tier/
HKExnews & ChaPanda, Distribution of the new-style tea beverage stores of Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao/ChaPanda) in China from 2021 to 2023, by city tier Statista, https://www.statista.com/statistics/1536781/baichabaidao-store-coverage-breakdown-by-city-tier/ (last visited December 04, 2024)
Distribution of the new-style tea beverage stores of Sichuan Baicha Baidao Industrial Co., Ltd. (Chabaidao/ChaPanda) in China from 2021 to 2023, by city tier [Graph], HKExnews, & ChaPanda, February 23, 2024. [Online]. Available: https://www.statista.com/statistics/1536781/baichabaidao-store-coverage-breakdown-by-city-tier/
