@1bmafish, this will go on and on every reporting period.
The Daigou students haven't studied financials or economics. If anyone thinks a business can turn corners in one quarter they are greatly mistaking the fundamentals of what it takes to run a proper business.
The Roolife and Wjike sites are not even 3 months old, management has clearly communicated it will take time (1year), the target I believe is to have 100-120 brands secured which is not achieved in one quarter. Even if it was achieved and the day come were profit is turned, the students would still complain.
Look at the bright side, the company is not in a dire situation like BGS (in suspension) or like ADO (refinancing debts). Let it take the time, Friday's covfefe is over, let the weekend begin.
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Ann: e-Commerce platform grows-Wine Agreement for 120 new brands, page-43
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