Thankyou for the insight this is a classic case of two differing viewpoints both with their own merit. You are right there is nothing revolutionary about the business model and it is easily replicated for most Chinese people. My point is that for us non Chinese people this is an opportunity to be part of this interesting market space. What I like about daigou is that they operate only because of the in efficiencies of the Chinese government. Alow me to elaborate. Because it is so difficult to import goods of this nature into China through traditional channels the only way to fill the gap of the Chinese market is for these daigou to operate and send small samples at a time. The market is so huge at the moment there is literally not enough supply here for the Chinese. Just look at the baby formula section in any woolworths etc. this stock will tank if Chinese demand is met by A2m, Bellamy’s etc ... if they are able to do that then all these daigou stores will go bankrupt. Until then these stores are the only link between the Australian market and Chinese consumers. DYOR but these are my observations
AU8 Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
