aumake

Retail Asia03/12/2021

The specialist retailer in Australia and New Zealand, Aumake Limited shared on Thursday that it has entered into a distribution agreement with a Japanese-inspired lifestyle product retailer MINISO Master Franchisee Pty Ltd (MINIS0). As per the agreement, MINISO will provide operational support and products to three of Aumake’s physical stores initially, strategically picked for their […]

Retail Asia29/07/2020

Daigou business AuMake said the closure of its physical stores fast-tracked the company’s online development, launching the Broadway Online platform which gained significant momentum during the quarter. The store closures, part of the government’s restrictions to help stem the spread of the coronavirus, has also given the company time to look into developing payment platforms […]

Retail Asia29/11/2019

AuMake says it will focus on catering to Asian tourists at its Australian outlets, shifting away from its original business model of targeting Chinese shoppers intent on posting their products to the mainland. The ASX-listed company’s 16 shops initially concentrated on selling Australian products to “daigou” – residents who frequent the stores, which each have […]

Retail Asia19/07/2019

Online sales now make up 30 percent of AuMake’s total sales, and they are continuing to grow. The daigou business announced its unaudited FY19 earnings in an investor presentation on Thursday, reporting an estimated $40-45 million in revenue for the year. That’s more than double the revenue it generated in FY18 of $21 million. The […]

Retail Asia16/05/2019

AuMake more than doubled its profit and nearly doubled sales in Q3, compared to the previous corresponding period. The daigou-focused retailer reported $1.68 million in profit in the March quarter, 104 per cent up on the same period last year, and $9.9 million in sales, up 93 per cent on the same period last year. […]

Retail Asia03/05/2019

Shares in daigou-focused retailer AuMake have been placed in a trading halt pending an announcement on an acquisition and related capital-raising. The company, which last month extended its bricks-and-mortar presence beyond Sydney, has requested the halt be lifted before the open of markets on Wednesday April 17, or when its anticipated announcement is released to the […]

Retail Asia12/12/2018

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AuMake International Limited has joined forces with JD Worldwide, a division of Chinese e-commerce giant JD.com, to create a new omnichannel platform for Australian and New Zealand brands to reach Chinese customers. The strategic agreement, which was signed in Sydney on Tuesday, will see JD combine its online and logistics capability in China with AuMake’s […]

Retail Asia12/03/2018

Listed Australian company AuMake has launched the country’s first purpose-built retail hub for China’s growing army of “daigou” shoppers, using live streaming to reach millions of overseas consumers. The new 430sqm Daigou Hub retail concept is set in the heart of Sydney’s Chinatown, combines state-of-the-art live streaming technology with face-to-face supplier interaction – aiming to […]

Tag: aumake

AuMake and Miniso to launch dual-branded stores in Sydney

AuMake says Covid-19 fast-tracked digital and buy-now-pay-later plans

AuMake pivots to sell to Asian tourists

AuMake sees online sales growing

AuMake doubles digit Profit

AuMake in trading halt

AuMake enters into agreement with JD Worldwide

Daigou hub streams live shopping to China