Denarips and Vinshine split

Just go to AliExpress, search for Denafrips and you'll know instantly what "grey market" means and how it would destroy a reputable dealer.  

@sbayne, Thanks I don't frequent AliExpress but that helps to understand the problem for sure. Are these copies of their products or secondary sales?

So I went and searched and yes, there are few items, but nothing really to destroy a dealer. No high value items at all and prices and not that much lower.

B&H Photo used to sell both white and grey items. You see, there is no really white and grey Denafrips since local US support is very limited. It is not like you buy Canon lens US model with quick local repair. Gray or white most probably you will have to ship unit to Singapore.

Grey market is good. The only way to fight greedy monopolists like US importer of Accuphase.

@upshift - they look like slightly discounted lower end units. I wonder if they are just refurbished units. For example, I upgraded Venus to Terminator. Denafrips is going to sell my former unit somewhere right?

The point is Denafrips sells outside of the dealer network (grey market). For example, Vinshine Audio is currently trying to sell a USED Venus 12th for $3,649. New Venus 12ths are listed on AliExpress for as low as $2,543, Pontus 15th $1,653, Terminator 15th $4,509, Apollo $2,571, etc. I'm no Denafrips expert but I think those are some of their higher-end pieces and the prices seem way below what they cost from an authorized dealer.