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PR Newswire

Gucci and JD.com Announce Digital Partnership and Launch of Official Gucci Flagship Store

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BEIJING, Aug. 17, 2023 /PRNewswire/ — Gucci and JD.com are delighted to announce a digital partnership and the highly anticipated launch of the official Gucci digital flagship store on the e-commerce leader’s platform. This marks the first time the Italian luxury brand will bring its unique fashion authority and 102-year-old legacy of Italian craftsmanship to the JD.com community.

Users searching for “Gucci” within the JD.com app will be invited to explore the House’s official flagship store and shop for their favorite items. This will also include a full range experience of Gucci brand services, all within a seamless and secure digital ecosystem. An exceptional customer experience is at the heart of this new collaboration, where customers can browse the store’s extensive range of timeless icons and new-season ready-to-wear, handbags, travel, shoes, jewelry, watches, and accessories for men and women. They will also have special access to Gucci’s online client advisor service before ordering their desired products.

The opening of the new digital flagship store marks a milestone in the partnership between Gucci and JD.com and underscores their commitments to digital innovation. In response to the evolving digital ecosystem, JD.com continuously delivers cutting-edge digital solutions to fulfill diverse needs. This includes the development of diversified models tailored for the luxury industry, leveraging its state-of-the-art supply chain capabilities and open ecosystem. With the launch of its new online environment on JD.com, Gucci will elevate shopping experiences that are tailored to the tastes of JD.com’s customer base and further explore the unique digital landscape of China using both brands’ respective technological strengths to set a new standard in online luxury shopping, expand their market reach, and pioneer original approaches to digital marketing.

In celebration of the upcoming Chinese Valentine’s Day on August 22, Gucci’s official flagship store on JD.com will offer a selection of gifts that showcase the House’s exquisite craftsmanship and romantic aesthetic. Featuring floral motifs symbolizing the blossoming of love and emotions, the collection will also present a purse designed exclusively for JD.com customers to celebrate this special occasion. To enhance the moment, customers will also be able to share their heartfelt sentiments with personalized greeting E-cards to accompany their purchase.

About Gucci

Founded in Florence, Italy, in 1921, Gucci is one of the world’s leading luxury brands. Following the House’s centenary, Gucci forges ahead continuing to redefine luxury while celebrating creativity, Italian craftsmanship, and innovation.
Gucci is part of the global luxury group Kering, which manages renowned Houses in fashion, leather goods, jewelry, and eyewear.
Discover more about Gucci at www.gucci.com

About JD.com

JD.com, also known as Jingdong, is a technology and service enterprise with supply chain at its core. A renowned leader in China’s e-commerce industry, the company has expanded across retail, technology, logistics, healthcare, insurance, property development, industrials, private label, and international business. Serving nearly 600 million customers, JD.com is one of China’s largest overall retailers and the premier online destination for luxury brands.

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The GrowHub Innovations Company and CARENESS Join Forces to Introduce Traceability Technologies to Premium Skincare Products in Asia

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SINGAPORE, Aug. 8, 2023 /PRNewswire/ — The GrowHub Innovations Company (“The GrowHub”), a leading Singapore-based technological firm specializing in transparent and sustainable supply chain management, announced a groundbreaking partnership with CARENESS, the prestigious skincare division of Koufuku Group. This strategic alliance will see the integration of The GrowHub’s cutting-edge traceability technologies into CARENESS’s premium range of skincare products. As a result, these products will be made available for consumers both online and in premium department stores in Singapore. Additionally, this partnership signifies The GrowHub’s successful entry into the Japanese market, a tightly-knitted community.

Left to Right: The GrowHub CEO Lester Chan, alongside CARENESS CEO Saori Kitamoto
Left to Right: The GrowHub CEO Lester Chan, alongside CARENESS CEO Saori Kitamoto

The collaboration between The GrowHub and CARENESS has grown significantly since last September when the two companies embarked on a joint project to penetrate new markets using GrowHub’s proprietary Web3 technology. The initial venture resulted in the successful introduction of Koufuku Group’s food products into Singapore’s market. Building upon this achievement, the newly formed agreement will further strengthen the partnership between The GrowHub and CARENESS.

CARENESS, renowned for its exceptional skincare products, has earned a reputation in Japan for its unwavering focus on production details and the highest quality ingredients. By adopting The GrowHub’s traceability technologies, CARENESS aims to provide consumers with an unprecedented level of transparency into their product qualities.

“We are honored to be working with CARENESS, and I am deeply impressed by the meticulous attention they devote to their products,” stated Lester Chan, CEO of The GrowHub. “Our technologies will empower CARENESS to showcase their exceptional product qualities to consumers, reinforcing their commitment to excellence.”

The GrowHub envisions a long-term partnership with CARENESS, fostering mutual growth and a shared dedication to sustainability and transparency in the beauty and skincare industry.

CARENESS’ CEO, Ms. Saori Kitamoto, expressed her enthusiasm for the partnership, stating. “We are excited to join forces with The GrowHub in introducing traceability technologies to our premium skincare products. This collaboration represents a significant step forward in our journey to provide consumers with the utmost confidence in our products.”

About The GrowHub Innovations Company: The GrowHub Innovations Company is a leading Singapore-based technological firm dedicated to providing cutting-edge solutions for transparent and sustainable supply chain management. As the Asia Pacific’s only Web 3-enabled plug-and-play ecosystem builder, The GrowHub focuses on traceability, data insights, and carbon credits. Leveraging blockchain technology, the company ensures full traceability throughout the supply chain, empowering businesses with data-driven insights for a more connected and responsible future.

PR Newswire

Representative K-kid brand Goongbe wins at iF Design Award 2023

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Aesthetic design with a motif of placenta jar and lotus, reflecting the brand’s origin as a secret method of royal family

SEOUL, South Korea, July 14, 2023 /PRNewswire/ — Goongbe, Korea’s representative kid brand, has won in the beauty and healthcare category for packaging at iF Design Award 2023, a global design award.

Representative K-kid brand Goongbe wins at iF Design Award 2023
Representative K-kid brand Goongbe wins at iF Design Award 2023

The award-winning product, Pri-mmune, which belongs to Goongbe’s baby line, was designed with a motif of placental jar (a jar used to store umbilical cords) and lotus. In the Joseon dynasty, the placental jar symbolized the health and longevity of prince, while the lotus represented the strength of life that blooms immaculately even in muddy conditions. The design received high acclaim for effectively conveying the aspiration for the health of babies.

Goongbe began from a secret method employed by the royal family in the Joseon dynasty, where babies were bathed on the third day of birth in water brewed with peach tree, apricot tree, and mulberry. Patented ingredient Royal Oji Complex™[1], a blend of ceramide, amino acid and polyphenol, provides hydration, enhances the skin’s barrier function, and offers soothing benefits.

The product is made without any allergens designated by the FDA and the EU. It features a fragrance that is registered with the FEMA of the US and has passed a stringent skin irritation test.

Goongbe officials said, “With Pri-mmune, we intended to deliver the brand philosophy of cherishing all babies as those in the royal family.”

Goongbe has won at Korea’s National Brand Award for five consecutive years and at Korea’s no.1 beauty app award in 2022 for three times, speaking volumes about its market position in the K-kid skincare market.

Its premium image and remarkable product capability are gaining popularity in international markets, as well. It won the “new brand award’[2] at Tmall Global, China’s largest e-commerce platform, and ranks first[3] in the kid sunscreen category at Tmall Brand Zone, leading the kid sunscreen category. At SASA Hongkong, the largest H&B store in Asia, it ranked first[4] in the entire baby sunscreen category. The eight items of Pri-mmune Baby are registered with National Medical Products Administration of China (NMPA) as kid skincare cosmetics, with proven expertise and safety as kid skincare products.

[1] 2020. 04~2021. 03

[2] 2020. 04~2021. 03

[3] 2020.02~06, 2020.08~09, 2020.11, 2021.03~04, 2021.06, 2021.08, 2021.09~11

[4] 2020.02~06, 2020.08~09, 2020.11, 2021.03~04, 2021.06, 2021.08, 2021.09~11
PR Newswire

Ubitus Supports Perfect to Debut AI Powered Virtual Try-On Metaverse at Viva Tech

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TAIPEI, June 14, 2023 /PRNewswire/ — Ubitus K.K.(hereinafter Ubitus), a pioneer in cloud gaming and metaverse solutions, is supporting Perfect Corp.(hereinafter Perfect), a leading beauty and fashion technology provider, to debut its virtual try-on showroom at Booth N13 in Paris Viva Technology event from June 14th to 17th, 2023.

Bring home the in-store shopping experience with Virtual Try-On
Perfect’s solutions enable visitors to browse a spatial shopping showroom, pick an accessory, ranging from rings, bracelets, earrings, necklace and watches, and wear the accessory on the figure generated by the device camera. The accessories will adapt to the body’s movements while visitors check out the result. In addition to accessories, visitors can try on make-ups and receive recommendations from the AI beautician. Perfect employs advanced AI models to make generated AR images as realistic and smooth as possible.

Sophisticated shopping via browsers
Ubitus’ expertise and resources in cloud computing and streaming help Perfect to overcome the challenges of AI model training and AR spatial shopping showroom deployment. With the sophisticated AR showroom deployed in the cloud, users can easily access the showroom with the browser and camera on their mobile devices and enjoy instant shopping gratification.

Wesley Kuo, the CEO of Ubitus, comments, “I am thrilled to see innovators, like Perfect, elevate people’s shopping experience in such a convenient fashion. We look forward to more opportunities working with customers to tap into the power of AI and metaverse to further advance their product offering.”

“We at Perfect Corp. are thrilled to partner with Ubitus in our endeavor to revolutionize the virtual shopping experience. Together, we are committed to building a state-of-the-art virtual room that will bring beauty, skincare, and fashion to life in unprecedented ways.” Louis Chen, Chief Strategy Officer and Executive Vice President of Perfect Corp. said, “It’s our vision to shape a virtual shopping paradise, transforming the way consumers interact with their favorite brands. With the help of the virtual retailer, we can expect an unparalleled immersive shopping journey like no other.”

About Perfect Corp.
Perfect Corp. is the leading AI and AR beauty and fashion tech solutions provider, dedicated to transforming shopping experiences through empowering brands to embrace the digital-first world. By partnering with the largest names in the industry, Perfect Corp.’s suite of enterprise solutions delivers synergistic, technology-driven experiences that facilitate sustainable, ultra-personalized, and engaging shopping journeys, as well as equipping brands with next generation of consumer goods. Perfect Corp. offers mobile apps, including YouCam Makeup and YouCam Perfect, to provide a consumer platform to virtually try-on new products, perform skin diagnoses, edit photos, and share experiences with the YouCam Community.

About Ubitus
Ubitus operates the world’s best GPU virtualization technology and cloud streaming platform, and is dedicated to providing a superior user experience via its advanced technology. As long as users are connected to a broadband network, they can enjoy AAA gaming experience across various devices, such as smartphones, tablets, game consoles, smart TVs, and personal computers.

With innovative GameCloud® technology, Ubitus is able to stream interactive media content with an immersive experience on multi-devices for platform operators and digital content developers, to accelerate metaverse popularization with broad applications.

PR Newswire

Shanghai Jahwa Accelerates Management Change and Upgrades to Lead China’s Cosmetics Industry to A New Era

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SHANGHAI, March 21, 2023 /PRNewswire/ — On March 17, Shanghai Jahwa United Co.,Ltd. (Shanghai Jahwa) held its 2023 Strategic Conference entitled “To Beauty To Youth” to share the company’s development strategy, ESG management and industry trends. Entering its 125th year, Shanghai Jahwa has created several legends in the Chinese cosmetics industry. As the Deputy General Manager, CFO and Board Secretary of the company, Min Han promoted the management change of the company, making Shanghai Jahwa the first beauty company to introduce ESG management model, and led the digital transformation of the company to achieve the integration of industry and finance, empowering business innovation and development.

Green development and harmonious coexistence have become the consensus for more and more international companies. In 2021, Min Han, as the executive of Shanghai Jahwa, promoted the company to introduce the leading ESG management concept in the international capital market and released the “Mid to Long-term Sustainable Development Outline” to accelerate the achievement of carbon peaking and carbon neutrality goals and lead the sustainable development of the company and the consumer industry. ESG requires companies to make more investments in environment, society and governance, such as using biodegradable materials and full-chain recycling along the whole chain, which will inevitably affect the company’s profit in the short to medium term. Min Han led a team to study green and low-carbon, social investment and corporate governance, starting from the company’s long-term development strategic plan. The ESG project received full support from the board of directors in 2021 after nearly two years of repeated demonstration and adequate communication with the board members, and added a medium and long-term performance consideration dimension for the management, so that the implementation of ESG on the ground can be guaranteed. The company takes green environmental protection and carbon neutral as important issues into its daily management, and promoted upstream and downstream enterprises in the industry chain to join the low-carbon ecosystem. Meanwhile, according to the company’s online development and digital transformation needs, issues such as consumer privacy protection and data security are included in the ESG issues, so that the company can enhance data security management awareness while using technology empowering (e.g. AI Face project, CRM database). As of 2022, Shanghai Jahwa has jumped to BBB status in the rating of the internationally renowned indexing company MSCI ESG, and is at the top echelon of the Chinese cosmetics industry.

With the wide application of new technologies such as AI, Blockchain, Cloud and Big Data, it is also imperative for enterprise management to embrace digitalization, which will help enterprises make more efficient and accurate decisions. Min Han mentioned in a previous interview that finance is the first step in corporate reform. As CFO, Min Han advocates accelerating the construction of financial dimensional thinking, business-financial integration and digital management transformation within the company. She proposed that “with value creation as the goal, the digital transformation of finance will be accomplished by means of quantifiable, visualized and optimized data”. Specifically, Shanghai Jahwa takes the opportunity of deep integration of digital technology and financial management to build a digital financial system featuring automated transaction processing, unmanned monthly closing, real-time risk insight, and modeled decision-making. The company has introduced a digital employee “RPA Finance Robot”, which can intelligently review 50% of financial documents and improve human efficiency. In addition, nearly 90% of business documents are intelligently booked and accounting vouchers are generated in 60 seconds, and the issuance of the monthly reports of subsidiaries is significantly shortened from 20 days in 2016 to 5 working days in 2022. The company’s financial system is interconnected with the business system without forming any data silos, and finally the data resources of the whole group are integrated and managed and deeply mined through the data center, creating an informationized and digitalized platform management ecology and enabling the efficient development of the company’s business. In recognition of Min Han’s holistic and forward-looking contributions to the digital transformation of Shanghai Jahwa and his leadership in the reform of management accounting in China, Min Han was awarded the honorary title of “IMA Honorary Management Accounting Leader” certified by IMA.

Within the new context of digital transformation, financial work, as one of the central tasks of enterprise management, is no longer limited to accounting and supervision, but requires business insight, extending its work to the whole business process, understanding the real needs of front-end business, providing business analysis and decision support for business departments, and realizing the integration of business and finance. Take the company’s Herborist brand for an example, the first Chinese herbal skin care brand rooted in the concept of yin-yang balance, which continued to lose market share from 2014-2019. Min Han led the finance team to work with the business unit to examine the brand’s product matrix, new product recruitment rate, repurchase rate, cost analysis of core individual products, brand marketing delivery efficiency, CRM customer retention, POS system single store transaction data, and impact on financial statement revenue and earnings, so that the brand has continued to improve over the past three years and has been awarded $22.5 million in 2021 from a special government program to support its medium to long-term growth.

The reason that Shanghai Jahwa can lead the industry in every stage of its 125 years of development cannot be separated from its advanced, open and inclusive corporate management philosophy and its genetically-rooted Shanghai-style characteristics. ESG management, digital transformation and integration of business and finance outline a beautiful blueprint for Shanghai Jahwa’s development in the medium to long term. Grasping the pulse of the times and integrating the century-old craftsmanship culture, we believe that in the near future, Shanghai Jahwa will bring Chinese beauty to the world.

PR Newswire

Having Committed to Growth in the New Year, Unicoeye Accelerates Its Online Expansion

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WHIPPANY, N.J., Jan. 13, 2023 /PRNewswire/ — Unicoeye, an online retailer of colored contact lenses, is entering the new year with the ambitious goal of accelerating its online expansion. The company is committed to achieving growth in 2023 and is taking the necessary steps to ensure this goal is met. This includes focusing on new strategies to help increase its online presence, such as price adjustments and product promotions. Additionally, Unicoeye has shared some advice for consumers considering colored contact lenses.

Having Committed to Growth in the New Year, Unicoeye Accelerates Its Online Expansion
Having Committed to Growth in the New Year, Unicoeye Accelerates Its Online Expansion

Always insisting on putting customers first, Unicoeye stood out from many competitors in just a few years, and quickly became one of the most popular colored contact lens brands with vibrant original patterns and unique color combinations. As a professional colored contact lens brand, Unicoeye provides FDA-approved colored contacts shipped straight from their US warehouse, making sure customers receive their purchases within 2–6 days. For those looking for high-quality colored contact lenses at a reasonable price, lenses from Unicoeye are an excellent choice. Not only are they affordable, but they are also completely safe to wear. 

Likes and support from consumers motivate this brand to keep going and focus on delivering the best possible products and services. To achieve its planned online expansion, Unicoeye has decided to start by adjusting product prices and hosting promotions. Since January, the brand has lowered the prices of hot products on its website by up to 40%, with prices ranging from $9.99 to $16.99. It is worth mentioning that the brand is not reducing product quality to achieve this price reduction; on the contrary, they have been working hard to provide even better quality lenses. Further, multiple simultaneous promotions will allow customers to enjoy increased discounts on top of reduced prices. Anyone looking to temporarily change their eye color or enhance their makeup looks can visit the Unicoeye website for the most competitive prices.

“We hope those sales can help us build a good relationship with customers and also help spread awareness of our brand,” said the Unicoeye team. “With the right approach, we are confident that we can reach our goals of online expansion and overall growth this year.”

With the rise in popularity of colored contact lenses, it’s becoming commonplace to see them all over social media, worn by cosplayers, makeup artists, and countless other influencers. However, Unicoeye has noted that a certain fact about colored contacts needs to be more widely discussed, understood, and taken seriously. The Food and Drug Administration (FDA), a regulatory agency that creates guidelines for the protection of public health, requires colored contact lens vendors to be registered on their website due to the fact that colored contact lenses are considered medical devices. This means that those vendors must receive prior FDA authorization for their products to enter the U.S. and be commercially distributed. According to FDA regulations, compliance with registration can facilitate the supervision of a vendor’s products and allow consumers to report product-related problems and complaints. Therefore, it is important for colored contact lens brands to have FDA approval.

Unfortunately, some retailers sell colored contact lenses that do not meet the strict quality requirements established by the FDA. It is illegal to sell these lenses in the United States as they aren’t FDA-approved and may lead to eye infections and even cause blindness in severe cases after wearing them. Unicoeye, in addition to providing safe and FDA-approved lenses, also prioritizes its customers’ vision health by raising awareness of colored contact lens safety. For example, they recently shared an easy way for consumers to quickly verify whether the colored contact lenses they’ve purchased are FDA-approved: check whether the lenses are being shipped from the US. If they are shipped from a non-US warehouse or take weeks to arrive, this can be a sign that they are not FDA-approved.

Colored contacts are a great way to change up or enhance one’s look, but be sure to use colored contacts that the FDA approves to avoid eye injury. Unicoeye urges people interested in colored contacts to do thorough research before purchasing any lenses not directly provided by a pharmacy.

January Promotion Details:

-Buy 2 Get 1 Free
-Buy 3 Get 3 Free
-Buy 5 Get 6 Free

About Unicoeye

Unicoeye is a professional colored contact lens brand with a keen sense of fashion. Since its inception in 2019, the company has always been dedicated to providing safe and well-made products to every customer. Unicoeye insists on making eye health a top priority, using “sandwich printing” technology in their lenses to protect customers’ vision, and providing consumers with an FDA-approved purchasing experience.

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Swit announces partnership with CMS Lab to innovate company culture and productivity

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SAN FRANCISCO, Dec. 1, 2022 /PRNewswire/ — Swit Technologies Inc., a global work OS solution provider, announced that it signed a memorandum of understanding (MOU) with CMS Lab, a leading medical cosmetic company in the global dermocosmetic market, to innovate company culture and productivity.

(Starting from left) Swit’s Sales Vice President Lee Ju-won, CMS Lab’s CEO Lee Jin-soo, Swit’s Co-founder and CEO Josh Lee, CMS Lab's Executive Vice President Kim Ki-hoon
(Starting from left) Swit’s Sales Vice President Lee Ju-won, CMS Lab’s CEO Lee Jin-soo, Swit’s Co-founder and CEO Josh Lee, CMS Lab’s Executive Vice President Kim Ki-hoon

CMS Lab, with its advanced technologies based on medical knowledge, has played a leading role in the dermocosmetic market for the past 20 years, launching its products in 3,000 clinics, hospitals, Olive Young stores, and more than 30 countries including the United States, China, Japan, and Russia. CMS Lab also won the 10 Million Dollar Export Tower from the Korea International Trade Association in 2021.

While expanding its business in the specialist and retail markets, CMS Lab has been putting efforts toward employee satisfaction and happiness in addition to customer satisfaction. CMS Lab won the Grand Prize in the Happiness Management category in 2021 and the Best Family-oriented Company Certification in 2019.

Swit Technologies, a work OS company that provides an enterprise-level collaboration and project management solution, helps the companies with digital transformation by supporting integration with email, calendar, document management, and conference call features of Google and Microsoft and helping the employees work more efficiently and productively.

With the partnership between Swit Technologies and CMS Lab, the two companies will build together best practices for increased employee productivity and efficiency by using Swit, and work to enhance the company culture in a digital workplace.

CMS Lab CEO Lee Jin-soo said, “CMS Lab aims to achieve growth through data-based, agile collaboration and timely communication. Through Swit, we hope to create greater customer satisfaction by innovating the digital work environment and realizing happiness management for our employees.”

Swit’s co-founder Josh Lee said, “Quite many people around me use cosmetic products from CMS Lab brands. As CMS Lab’s culture respects and treats its employees as human beings and someone’s family, we will do our best to support the employee experience of CMS Lab incorporating people, work, culture, and technologies in synergy with Swit, which is created upon similar philosophies.”

About Swit

Swit Technologies Inc., a future collaboration OS provider, was founded in 2018 in Silicon Valley. ‘Swit’ in its current form that combines messenger and task management features was officially launched in March, 2019. Featured on Silicon Valley’s IT magazine CIO Review as one of the “Most Promising Remote Work Tech Solution Providers” and winning the “Growth Startup of the Year” by Startup Grind Global Conference in which 4,00 startups from 133 countries participate, Swit was acclaimed by many as an innovative tool that tops the messenger for business Slack, and project management tools Trello, Asana, and Monday.com all at once. Swit was recommended for Google Workspace as an innovative solution, and named to the world’s largest enterprise software marketplace G2’s Best Software List in project management for two years in a row. As of now, a cumulative number of 40,000 teams and businesses from 184 countries are using Swit.

Media inquiries  

Swit Technologies Inc. PR Lead Sophie Park (pr@swit.io)

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Source: Swit Technologies Inc.

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CCV’s Portfolio Perfect Corp. and Provident Acquisition Corp. Complete Business Combination

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  • Perfect‘s Shares and Warrants to Trade on the NYSE under Ticker Symbols “PERF” and “PERF WS” respectively

BEIJING, Nov. 1, 2022 /PRNewswire/ — CCV’s early-stage portfolio company Perfect Corp. (“Perfect”), a global leader in providing augmented reality (“AR”) and artificial intelligence (“AI”) Software-as-a-Service (“SaaS”) solutions to beauty and fashion industries, and Provident Acquisition Corp. (Nasdaq: PAQC; “Provident”), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”).

The listed company resulting from the Business Combination will be called Perfect Corp, and its shares and warrants will commence trading on the New York Stock Exchange under the ticker symbols “PERF” and “PERF WS” respectively, on October 31, 2022.

Perfect is also the second IPO that the CCV team has harvested since Arrail Dental (HKSE:6639) was listed in Hong Kong Stock Exchange earlier this year.

Perfect is the market leader in the global beauty tech sector, with over 400 beauty brands, including 17 of the world’s top global 20 beauty groups, utilizing Perfect’s AR and AI SaaS solutions in 80 countries globally, as of December 31, 2021, according to Frost & Sullivan.

The PIPE transaction is backed by blue-chip investors including CHANEL, CyberLink, Shiseido, and Snap as well as reputable financial investors. 

Wei Zhou, the founding and managing partner of CCV, was impressed by Alice and her team in their first meeting. “I’ve always believed in Alice and her team to make history and we think Perfect will continue to achieve greatness in the global market,” said Wei.

CCV devotes to early-stage investments in AI technology. Besides Perfect Corp, CCV has also invested in other leading AI companies, such as Shukun Technology, a leading AI medical company that focuses on diagnostic systems for chronic diseases; Quicktron, an AI robotics company that focuses on intelligent warehouse robotics and logistics systems.

About CCV

CCV is a leading venture capital firm focusing on early-stage investment and committed to supporting technology-driven innovation.  Founded by former KPCB China managing partner Zhou Wei and the original technology investment team at KPCB, CCV manages 750 million USD and 2.5 billion RMB.

CCV team has achieved a 35% unicorn hit rate track record, and its investment portfolio continues to yield at least one unicorn every year. Many CCV’s portfolio companies have become the first IPO stock in their respective focused areas. CCV is the A-round leading investor in 80% of its investments.

CCV’s star portfolios include JD.com (NASDAQ:JD), Venus Tech (SZSE:002439), CreditEase (NYSE:YRD), COL Group (SHSE:300364), Rong 360 (NYSE:JT), TanTan (acquired by NASDAQ:MOMO), Shukun Technology, Perfect Corp(NYSE: PERF), JD Digital, Ximalaya FM, Transsnet Financial, MetaApp, U POWER, Cowa Robot, Naxions, IceKredit etc.

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Yunji’s Technology-empowered Private Label SUYE Celebrates Its 12th Anniversary

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HANGZHOU, China, Aug. 1, 2022 /PRNewswire/ — Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced the celebration of its private-label skin care brand SUYE’s 12th anniversary. SUYE generated over 21 million RMB sales of its high-quality products during its anniversary month of July, including its newly launched GHK-Cu (Copper Glycyl-histidine-tripeptide) multi-effect repairing freeze dried set and polypeptide anti-wrinkle kit. In line with its 12-year development as a socially-conscious brand, SUYE actively participates in charitable activities and contributes to social welfare.

SUYE provides customers with effective and professional products by leveraging its cutting-edge biotechnology and by partnering with top-tier international companies in product development. Since 2016, SUYE has collaborated with a Netherlands-based company, and their joint research revealed the effective anti-aging properties of peptides. Building on this discovery, SUYE has invested extensively in peptide research and developed a wide variety of products that utilize their unique properties. SUYE has gradually implemented product-development strategies that enable its customers to better meet their skin care needs, incorporating professional ingredients typically only utilized in medical aesthetics into its product line. During 2021, SUYE further embraced this approach by launching skin care products that contain ingredients used in mesotherapy treatments. With a research philosophy that emphasizes innovation and application of the latest advances in medical aesthetics, Yunji is committed to providing its customers with safe and effective skincare solutions.

In addition to these successful product developments, SUYE has further committed itself to philanthropic causes. SUYE has partnered with nonprofit dental care provider Future Smile Charitable Foundation, Alibaba’s public welfare group, and other organizations to launch its “Donate for Love” welfare initiative. Donate for Love provides free medical examinations and reconstructive surgery for patients with head and facial deformities, allowing them to smile more confidently.

Shanglue Xiao, Founder and CEO of Yunji, commented, “We are excited by the enthusiastic reception SUYE’s biotechnology-infused products have received from our users. As one of Yunji’s beauty brands’ key private labels, SUYE is synonymous with high-quality products that deliver innovative and effective anti-aging solutions.”

Safe Harbor Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue” or other similar expressions. Among other things, the quotations from management in this announcement, as well as Yunji’s strategic and operational plans, contain forward-looking statements. Yunji may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Yunji’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Yunji’s growth strategies; its future business development, results of operations and financial condition; its ability to understand buyer needs and provide products and services to attract and retain buyers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to rely on merchants and third-party logistics service providers to provide delivery services to buyers; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with merchants; trends and competition in China’s e-commerce market; changes in its revenues and certain cost or expense items; the expected growth of China’s e-commerce market; PRC governmental policies and regulations relating to Yunji’s industry, and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Yunji’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Yunji undertakes no obligation to update any forward-looking statement, except as required under applicable law.

About Yunji Inc.

Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions. The Company’s e-commerce platform offers high-quality products at attractive prices across a wide variety of categories catering to the day-to-day needs of Chinese consumers. In addition, the Company uses advanced technologies including big data and artificial intelligence to optimize user experience and incentivize members to promote the platform as well as share products with their social contacts. Through deliberate product curation, centralized merchandise sourcing, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high-quality products and exclusive membership benefits, including discounted prices.

For more information, please visit https://investor.yunjiglobal.com/

Investor Relations Contact

Yunji Inc.
Investor Relations
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957

ICR, LLC
Robin Yang
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957

Cision View original content:https://www.prnewswire.com/news-releases/yunjis-technology-empowered-private-label-suye-celebrates-its-12th-anniversary-301596864.html

Source: Yunji Inc.

PR Newswire

Help Complete #TheMissingHalf with up to 50% Off from Reckitt and Shopee

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MANILA, Philippines, May 17, 2022 /PRNewswire/ — Reckitt, the global leader in health, hygiene and nutrition, partners with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan to launch its “Complete the #MissingHalf” Regional Super Brand Day. Families can rely on trusted brands from Reckitt including Enfagrow A+ Four, Lactum 3+6+, Lysol, Durex and more to help support the protection of the health, hygiene and nutrition of their loved ones, ensuring that they are not missing out.

Shoppers can look forward to health, hygiene, and nutrition tips and exclusive deals with Reckitt’s most- anticipated Super Brand Day on Shopee
Shoppers can look forward to health, hygiene, and nutrition tips and exclusive deals with Reckitt’s most- anticipated Super Brand Day on Shopee

Happening on May 19, Reckitt’s Super Brand Day campaign gives shoppers the best value deals on Reckitt’s wide portfolio of family care essentials on Shopee Mall.

For decades, parents have been taught that academic intelligence would guarantee their child’s best start to life, focusing less on confidence, creativity and independence. Reckitt puts parents’ worries to rest with Enfagrow A+ Four Nurapro by helping nourish both IQ and EQ to complete the #MissingHalf together with proper nutrition and stimulation.  Enfagrow A+ Four Nurapro is the only one with breakthrough MFGM and 35 mg/serving of DHA that help nourish not just IQ but also EQ development.

Reckitt’s range of products goes one step further to complete the #MissingHalf for the entire family with their Health and Hygiene portfolio that consists of Lysol and Durex. As countries start to ease restrictions, hygiene moves from a defensive chore to a habitual act of protection. While families seek to bond with their communities, parents still want complete protection for their kids so that they maximize their potential.  For example, not only does Lysol Disinfectant Spray kill over 100 illness-causing germs including the cold and flu virus, it also refreshes your home with 6 refreshing scents to choose from. Parents also want to instill the value of self-confidence in their children. With Veet, you can reveal the beauty of your skin with a long-lasting and user-friendly formula that can give you silky smooth skin for up to 2 weeks.

Muksitul Islam, ASEAN eCommerce Director at Reckitt, said, “Reckitt is proud to partner with Shopee in the regional Super Brand Day to connect ASEAN consumers to our beloved & trusted brands like Enfagrow A+ Four Nurapro, Lactum 3+6+, Lysol, & Durex. Through Shopee’s impressive engagement tools, our consumers can not only look forward to choices tailored to their needs but also an enjoyable shopping experience from our diverse Nutrition, Health & Hygiene portfolio. We wish our consumers a wonderful Super Brand Day experience.”

Annie Lin, Head of Shopee Mall at Shopee Philippines, added, “Consumers are shopping more frequently online for household and healthcare needs. We are glad to partner with Reckitt to provide parents and families with a wide variety of trusted brands that gives them the assurance they need when it comes to enhancing family health and nutrition. We will continue partnering with brands to offer shoppers access to greater convenience, variety and value all-year-round through Shopee Mall.”

Through the campaign, Reckitt will educate users about what it means to complete the #MissingHalf for their children together with celebrity mom Kristine Hermosa-Sotto on Shopee Live. Users can also tune in to learn how they can have a healthy home with Lysol.

On May 19-20, Reckitt will complete the #MissingHalf with exclusive deals from Enfagrow Four, Lactum 3+6+, Lysol, Durex, and Veet on Shopee Mall, providing shoppers with the best deals including:

  • Free Gift with no minimum spend: Get FREE Lysol On-the-Go wipes for every checkout on all Reckitt brands until supplies last
  • Online Exclusive Bundles: specially curated bundles including:
    • 50% off bundles on Enfagrow AII Nurapro Four, Lactum 3+ & Provital
    • Buy 2 Get 1 on selected Lysol and Mortein products
    • 15% off on Lysol x Mortein Safer Home bundles
    • Up to 27% off on Veet bundles
    • Up to 35% off on Durex bundles
  • Shipping discounts and 20% Cashback vouchers

Find out more about Reckitt’s Complete #TheMissingHalf campaign on May 19-20 at https://shopee.ph/collections/1129804.

Download it now for free on the App Store or Google Play Store.