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China's Online Beauty Sales Drops 33% in November, Jefferies Says
Proya Cosmetics to Win Market Share in China While Rivals Struggle -- Market Talk
Insiders Were the Key Beneficiaries as Proya Cosmetics Co.,Ltd.'s (SHSE:603605) Market Cap Rises to CN¥37b
Mei Wan partner Wei Yinghui: Live-stream e-commerce is both an amplifier and an incubator.
Sina Technology News, December 5th afternoon, during the november 11 shopping festival-related promotions, Li Jiaqi's live broadcast room carried nearly 1700 brands with over 4000 product links, of which domestic products accounted for more than 60 percent. Recently, Wei Yinghui, partner and vice president of Beautyarm, publicly stated, "The rise of domestic products' entire value chain is accelerating, passing the baton to more segmented fields and emerging brands." He mentioned that live e-commerce is an amplifier, helping new products and brands be seen and trusted, promoting mutual understanding and communication between supply and demand. At the same time, live e-commerce is also an incubator, exploring new emerging brand partners based on consumer demand to expand product categories, and driving the production of emerging categories.
Sinolink: In 2025, competition in beauty, medical aesthetics, and gold jewelry may continue to be intense. The popularity of trendy products is expected to continue with the resonance of supply and demand sentiment.
Beauty, medical beauty, gold jewelry and other optional consumer sectors are experiencing weakening prosperity, intensifying internal circulation, with emotional consumption leading the market, and the trendy market continuing to expand.
Is Proya CosmeticsLtd (SHSE:603605) Using Too Much Debt?
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