Yatsen’s revenue rises, but loss widens on heavy marketing spending
Yatsen Holding Ltd. (YSG.US) on Wednesday reported its revenue rose 5.1% year-on-year in the second quarter to 1.14 billion yuan ($170 million), as strong double-digit gains for its skincare products…
Is Yatsen setting its sights on famous but struggling Erno Laszlo?
Recent signals hint the Chinese skincare and cosmetics maker could be eying a purchase of the U.S. brand, whose sale to a Chinese investment group was disclosed this week Key…
BRIEF: Yatsen pares losses on booming skincare business
Cosmetics retailer Yatsen Holding Ltd. (YSG.US) announced on Monday that its revenue rose 26.7% last year to 4.3 billion yuan ($614.6 million), up from 3.39 billion yuan in 2024. Its…
BRIEF: Yatsen’s revenue rises 37% as color cosmetics return to growth
Cosmetics retailer Yatsen Holding Ltd. (YSG.US) said on Thursday its revenue rose 36.8% in the second quarter year-on-year to 1.09 billion yuan ($152 million), as a return to growth for…
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…
Mao Geping’s Hong Kong IPO gets lift from regulatory nod
The planned listing by China’s second-ranking domestic cosmetics brand has been approved by the Mainland Chinese securities regulator Key Takeaways: Mao Geping’s Hong Kong IPO has been cleared by the…
Yatsen gets black eye from shopping fest blues
The operator of Perfect Diary cosmetics stores lowered its second-quarter revenue guidance by 10%, putting the figure back in contraction territory Key Takeaways: Yatsen lowered its revenue guidance by 10%…