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Ann: Appendix 4D and Half Year Accounts, page-17

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  1. 4,783 Posts.
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    >This is just not big enough imo to be listed as a Daigou business

    Actually I think when you own the logistics yes there is. The volume going up is incredile apparently. But there are SFA margins. If we now know they have 10% margin, the local daigou knows, and the competitor knows. and there will be someone prepared to sell at lower price. This company has no brand and what point of difference to beat someone selling the same jar of vitamins $1 cheaper.
 
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