Ebos opens Shanghai office after daigou crackdown

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...