Behind Dongpeng Beverage’s overseas expansion The market competition and diversifi layout is the fiercely competitive functional beverage market. At present, there are many domestic functional beverage brands. In addition to the well-known R Bull, Lehu, Zhanma, Dongpeng Special Drink, etc., many traditional beverage companies are also making plans. Panpan launch the “Bao Fa Li” series, Coca-Cola launch “Aqua Power”, and Suntory also launch electrolyte water…
There are more and more players in the functional beverage market
Mainly because consumers’ demand for functional accurate mobile phone number list beverages continues to grow, which has l to the continuous expansion of the domestic functional beverage market. The “2024-2029 China Functional Beverage Industry Research Analysis and Development Prospect Forecast Report” releas by the China Business Industry Research Institute shows that in 2019, the domestic functional beverage market size was 111.9 billion yuan, which has grown to 147.1 billion yuan in 2023 and is expect to reach 157.6 billion yuan this year.
And this may not be the peak
According to Frost & Sullivan’s data, in terms of sales volume, The market competition the per capita sales of functional beverages in my country is about one-tenth of that in the Unit States, one-fifth of that in Japan, and one-quarter of that in the Unit Kingdom. In other words, there is still a lot of room for development in my country’s functional beverage market.
Although Dongpeng Beverage has not respond The market competition to the rumors of listing in Hong Kong, whether it is going overseas, seeking to be list overseas, or creating a second growth curve, it is clear that Dongpeng Beverage has ambitions. At present, the horn of the functional beverage market has been sound , and we will wait and see whether Dongpeng Beverage can win.
It is worth noting that by the end of 2023
All of Duodian Shuzhi’s customers had transition to internal O2O operations, and most of the services provid by the e-commerce service cloud understanding google’s conversational ai segment (such as operational support for its online stores and delivery services) had been phas out. Therefore, the remaining services provid under the e-commerce service cloud solution did not generate any substantial revenue in 2024.
Duodian Digital’s main source of revenue is the retail core service cloud, and its share of total revenue has increas from 51.7% in 2021 to 99.4% in the first half of 2024.
Image source: Duodian prospectus The market competition
The adjustment of the main business structure book your list has made the retail core service cloud with a higher gross profit margin the business with the highest revenue contribution during the period. For this reason, the overall gross profit margin of Duodian Shuzhi has also increas during the period. The gross profit margin of Duodian Shuzhi in each period was 20.4%, 38.0%, 35.0% and 38.3% respectively.