Business
Pivoting from infant formula, what’s next for the Jatcorp (ASX:JAT) share price?
The Jatcorp Ltd (ASX: JAT) share price was up 11% over lunch today after the company received approval from China to sell its newly developed skincare product.
However, the Jatcorp share price has since lost much of that ground and is up 3.7% trading at 2.8 cents at the time of writing.
Jatcorp share price higher on Chinese approval
Jatcorp has been busy making a pivot into new lines of business alongside its traditional infant formula segment. This is in response to a new COVID-19 environment that has seen minimal sales through daigou channels and a lack of international tourism.
On Wednesday, the company announced that…
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