Today BUB share price rocketed on the news that it would be selling through the Kidswant physical stores in China, the first project of its Beingmate deal.
As I understand, BUB does not have SAMR approval. Can someone enlighten me on how it’s possible to sell product in China without it?
It does raise the question of why BAL is not making similar partnerships and seemingly just relying on hope that it gets SAMR approval. I’m all for hope – it’s the mainstay of everyone who buys shares – but think it’s a lousy strategy for survival.
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