Daigou craze to hit ASX as AuMake Australia parent wins approval

Investors could soon have exposure to the lucrative "daigou" trade, after the ASX gave the nod for an Australian-based business to hit the boards later this year.

ITM International subsidiary AuMake Australia has quietly built up five stores around Sydney, acting as a one-stop product shop for the estimated 40,000 "daigou" shoppers, and directly shipping goods to Chinese nationals eager to get their hands on high-quality Australian-made products.