Revenue does not = profit.... Their profit margins are thin and getting thinner the more they expand into these overhyped shopfronts.
The whole idea of Daigou business model is buy at lowest price, sell at a higher price. I still have not had it reasonably explained to me WHY a Daigou would travel all the way to an AU8 store to purchase items they can get from 100's of other stores at the same OR BETTER prices....
AU8 Price at posting:
29.0¢ Sentiment: Sell Disclosure: Not Held
