BRIEF: Meitu reports strong profit growth in first half of 2025
Beauty app operator Meitu Inc. (1357.HK) said on Monday it expects to report its adjusted profit rose between 65% and 72% in the first half of 2025 compared with the…
BRIEF: Beauty Farm forecasts 35% first-half profit rise
Beauty and health services company Beauty Farm Medical and Health Industry Inc. (2373.HK) announced on Monday that it expects to report revenue of 1.45 billion yuan ($202 million) or more…
Meitu, Alibaba find beauty in new e-commerce partnership
The maker of beauty apps will sell $250 million worth of convertible bonds that could make the e-commerce giant its third-biggest shareholder Key Takeaways: Meitu and Alibaba have formed a…
Yatsen CEO declares turnaround with quarterly non-GAAP profit
The cosmetics seller reported a nearly 50% increase in its first-quarter revenue from skincare products as it pivots to the segment from make-up Key Takeaways: Yatsen’s first-quarter net loss narrowed…
BRIEF: Herbs Generation surges in Hong Kong trading debut
Shares of health and beauty products manufacturer Herbs Generation Group Holdings Ltd. (2593.HK) surged in their Hong Kong trading debut on Thursday, opening 25% above their IPO price of HK$3.75.…
Its bitcoin bet behind it, can Meitu find sustained profits in its beauty business?
The beauty software maker has sold all its cryptocurrency holdings and plans to use the profits for business development and a special dividend Key Takeaways: Meitu has sold off the…
Meitu looks for new growth story as China’s economy slows
The beauty app operator expects to report its adjusted profit rose 80% or more in the first half of the year, representing a sharp slowdown from the growth rate in…
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