A2 seems to have 5 of the top 8 selling infant formula products on JD and appears to be the top seller for stage 2, 3 and 4.
The problem is that many of the products listed are selling at prices barely above the retail price in Australia, which doesn't bode well for daigou as daigou don't have any margin.
A2 gained market share in the CBEC channel in the last 6 months, however, the channel itself contracted quite substantially.
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