Live Breaking News & Updates on Blackmores Australia
Stay updated with breaking news from Blackmores australia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Date Time Australian businesses lose millions through loss of unofficial trade channel COVID-19 lockdowns and travel restrictions have devastated the daigou market, with Australian businesses that depended on this unofficial personal shopper trade losing millions of dollars, consumer expert Professor Gary Mortimer, from QUT Business School, said. Daigou, the personal shopper trade, losing $millions Pre-COVID $2.5 billion worth of Australian goods went to China via daigous Infant formula and vitamin supplement business reporting decreases in net “Daigou tend to be Chinese nationals, often on student visas or working visas, who buy in-demand Australian products such as infant formula, health and beauty items and non-perishable foods, then post them back to extended family and others in China for a profit. ....