Bridestowe Lavender Estate’s Bobbie the Bear took China by storm a few years ago, transforming the scented teddy bear into an overnight celebrity.
The Daigou market in Australia is estimated to be worth in excess of $850 million, with 60,000 people in Australia partaking in some form of Daigou trade.
Integrating with WeChat, DaigouSales offers an ecommerce marketplace allowing Australian brands to sell their products directly to Chinese consumers.
Generation Instagram startup The Daily Aus banks $1.2 million from Canva execs and former Nine boss David Gyngell
Neobank Volt is shutting down after failing to find fresh capital
The Victorian government is investing $100 million into university startups
Turnbull-backed medtech startup HealthMatch makes half its staff redundant
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