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aumake

Every story tagged aumake on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged aumake

8 stories in this topic

miniso2
Rajiv MenonGeneral

AuMake and Miniso to launch dual-branded stores in Sydney

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,…

AuMake scaled
Maria SantosGeneral

AuMake pivots to sell to Asian tourists

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…

AuMake scaled
Aiko TanakaGeneral

AuMake sees online sales growing

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.…

AuMake scaled
Rajiv MenonGeneral

AuMake doubles digit Profit

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…

AuMake scaled
Rajiv MenonGeneral

AuMake in trading halt

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…

jd com founder and ceo richard liu speaks at the nasdaq building at times square new york
Aiko TanakaE-Tailing

AuMake enters into agreement with JD Worldwide

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…

grocery shopping
Minjun ParkGeneral

Daigou hub streams live shopping to China

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…

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