Dear Shareholders; For those not aware - China is the largest...

Dear Shareholders;

For those not aware - China is the largest cosmetics market in the world.

The cosmetics export market which includes hair products is booming, retail/online transaction for cosmetics business is expected to reach 423 billion RMBby 2019 with an 8% annual growth.

Of interest, below figure shows China's cosmetics import volume grows much faster than export volume in recent 10 years:

Source: SIRS

For those not understanding the pricing model of cosmetics in China - learn from the local operators by watching this video clip:



"Singles Day" approaching fast, question is will further new revenue streams and additional merchant contracts be announced in the coming days, weeks and/or months....?

Let's se how this unfolds - have a great weekend all.

DYOR