Don't about the - "have to be widely selling in Australia" part. Rather, "accepted" as a reputable brand with a clean and green standing. Where supermarkets stock it. With their new and parochial sales avenue into the China market I suspect some reasonable sales projections have already been crunched.
Though not quite appreciated here ...Yet ! ... JD is one of the two largest online retailers in China by transaction volume and revenue, a member of the Fortune 500 Global list and a major competitor to the Alibaba-run Tmall As of September 2017, the platform has 266.3 million active users.
Personally I think Bubs Australia Ltd have chosen well. Anyway lets see how their sales develop as the year rolls on
Ann: Bubs Signs Agreement with Chinese E-Commerce Giant JD.COM, page-203
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Last
12.8¢ |
Change
-0.003(1.92%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
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| BUB (ASX) Chart |