GCTL8.com (FocusAsia Media Ltd)
BEIJING, Mar 18 (FAM) – While some companies were stung by daigou shifts, New Zealand formula maker a2 Milk Co Ltd stood out last month when it posted a near 300 percent jump in half-year profit. The company has lifted its online brand recognition among Chinese parents to over 40 percent, double that of Bellamy’s, according to February report by UBS.
Meanwhile daigou, who were initially spooked into dumping products at airports last March, say it’s very much business as usual. “When the policy came out last year, all of us were worried that our business might be affected,” said Perth resident Zhang Jingyi, a college student and daigou, who shops in Australia and ships products to China.