Ebos opens Shanghai office after daigou crackdown

Ebos opens Shanghai office after daigou crackdown
Jenny Ruth
By Jenny Ruth Aug. 27 (BusinessDesk) - A crackdown on the daigou trade by Chinese authorities has prompted Ebos to establish a presence on the ground in China by opening an office in Shanghai. The office opened in May and currently employs 10 people. Ebos chief executive John Cullity says the crackdown on the daigou – which literally means buying on behalf of somebody else and in practice sees Chinese buying consumer products in New Zealand and Australia for resale in China – has had a noticeable impact on the firm's Australasian sales...

More Retail

India denied 'basmati' trademark
Retail

India denied 'basmati' trademark

New Zealand's decision is similar to action previously taken by Australia.

Briscoe Group says tax changes will hit FY net profit by $7.4m
Retail

Briscoe Group says tax changes will hit FY net profit by $7.4m

New legislation affects depreciation on commercial buildings.  

Rebecca Howard 05 Jul 2024
Liquidators investigate sale of three Pizza Hut stores
Retail

Liquidators investigate sale of three Pizza Hut stores

Maloita sold three Wellington Pizza Hut stores prior to its liquidation.

John Anthony 05 Jul 2024
Laybuy receivers considering offers
Retail

Laybuy receivers considering offers

About 10,000 merchants had signed up to the buy-now pay-later service.

John Anthony 05 Jul 2024