Ironically however, Jiaduobao’s herbal teas (continued to be packaged in red cans) has continued to be much more popular than Guangzhou Pharmaceutical Holdings’s Wanglaoji (packaged in green paper boxes). The former now accounts for 70.8% of China’s herbal tea industry and takes in a gross revenue of 22 billion yuan in 2015, almost three times that of the latter.
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GUANGZHOU, China, March 28, 2024 (GLOBE NEWSWIRE) -- Highest Performances
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