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Two comments:1. There may be 1.4 billion Chinese people but...

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    Two comments:

    1. There may be 1.4 billion Chinese people but around 60% of them are still poor or cannot afford our product. The middle class which earns between $10 and $50 per day makes a bit more than 39% of the population. The people making more than $50 per day, therefore the most likely to buy our product, make 0.78% of the population which translates into about 11 million people.
    Yandi's members (I wonder if they have to pay for the membership) would represent 9% of that population.

    Source: https://chinapower.csis.org/china-middle-class/

    2. Yandi's membership number is not set at 1 million forever. It would be in there interest to increase that figure which would mechanically increase our exposure.

    What do you think about that?
    Last edited by Bouddha0357: 14/10/20
 
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