There was some encouraging information on the Daigou channel performance from the BUB's announcement (on ASX). It will be interesting to see whether ATM have a similar experience.
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There was some encouraging information on the Daigou channel performance from the BUB's announcement (on ASX). It will be interesting to see whether ATM have a similar experience.
Attachment 12294
Mind that little word "Corporate" in "Corporate Daigou". This is not thousands of highly motivated students with a large Chinese selling network (their friends and families), but basically just another bunch of moving companies without particular interest in any product they are moving. The other thing to consider is - big percentage increases in volume might indicate a very small base ...
More important however - the bubs-news I found on corporate daigou is nearly one year old (published 26/2/2020): https://www.smh.com.au/business/comp...26-p544jv.html.
If you look for less aged information on corporate daigou, you will find less enthusiasm.
Anyway - I hope all goes well for A2M, but at this stage I won't hold my breath ...
To be fair, A2 Andy (corporate Daigou) is probably a bit more than just a moving company. At his peak even A2 admitted he was able to move 1000 pallets of A2 formula a month, and he definitely has an interest in the product he’s moving, I wonder how this volume compares with the retail Daigou (students, mothers , etc).
Did anyone notice new negative developments on the Fisheries front ,exports to China ...they have stopped exports from two facilities in NZ ...exact details not known but seems like some compliance issues
https://www.nzherald.co.nz/business/...K4EFHMWQQKZP4/
Behind paywall ...
The suspensions were due to issues around the interpretation of the World Health Organisation's Covid guidance and food safety management, said MPI deputy director-general policy and trade Julie Collins, in response to Herald inquiries.
Both sites had been recently subject to live video audits by Chinese Customs, she said.
Non paywalled version:
https://www.stuff.co.nz/business/124...ade-suspension