Yushop is basically a middle man for foreign company's or people to sell their product into china.
They advertise products on their online chinese platform and handle all orders, payments, p&h. Even provide customer support in chinese for your product!
So basically, yes, they also will be getting a cut from ongoing sales. Plus whatever site set up costs are and ongoing site maintenance costs are.
I don't remember if any of this was mentioned or disclosed in the announcements?
Ann: Canaccord to Lead LSE Listing and $4.75m Placement Closed, page-138
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
