I would like to know the current status or situation of CCD. Is it performing well, facing challenges, or experiencing any significant changes? I'm interested in an update on its recent developments.
6 answers
Carlo
Tue Oct 22 2024
The annual report for FY24 revealed a notable decline in CCD's operational reach, with the company's presence dwindling to 141 cities from 154 cities recorded in the previous fiscal year.
Valentina
Tue Oct 22 2024
This represents a further contraction from the 158 cities where CCD was operational in FY22, highlighting a trend of shrinking geographical coverage.
alexander_rose_writer
Tue Oct 22 2024
Despite this setback, there is a silver lining in the form of a substantial increase in the number of operational vending machines. In FY24, the count surged to 52,581, marking a significant jump from the 48,788 machines operational in FY23.
mia_clark_teacher
Tue Oct 22 2024
This growth underscores CCD's commitment to leveraging technology and innovative distribution channels to reach out to customers and maintain its market presence.
AndrewMiller
Mon Oct 21 2024
The expansion of vending machines could be a strategic move to compensate for the reduction in physical store locations, enabling CCD to tap into new markets and customer segments.