Daigou, a novel e-commerce business model, is shaping up to be a significant Chinese export
Daigou is a Chinese phrase that roughly means “buying on behalf of”. It is a free-to-use web service that purchases goods overseas at the request of users. To start the ball rolling, consumers can indicate on the website what their desired product is. Once the payment is made, Daigou agents would make the purchase overseas and ship the product back to the users’ countries.