Business
Chinese personal shoppers and Australian brands devastated by the impact of coronavirus – ABC News
Empty baby formula shelves had become a regular phenomenon across Australia, but a sudden decline in purchasing power and demand for Australian goods from China…
Christine Liu has always resisted asking her parents for money, but when the coronavirus pandemic hit, she didn’t have a choice.
Key points:
- The bankruptcy of major logistic providers for the daigou industry has left about 7,000 parcels missing
- Dairy and supplement brands have lost millions in revenue because of a downturn in the daigou channel
- About a third of daigou specialty stores in Australia have closed
“I felt guilty even though I can hardly make ends …
Continue Reading
