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-Latest Financing-
NORVEY received $35 million in angel round financing
Image source: brand official
Recently, the Guofeng Mei hitomi brand NORVEY obtained an angel round of financing of 35 million yuan, and the investor is Donghua. This round of financing will be used for brand building and supply chain investment, as well as the introduction of talents.
Founded in 2020, NORVEY brand focuses on the national style route, with the intention of "Tang and Song" to show the charm of the Orient. Its products have launched three series, all of which are within 100 yuan.
Editor's Comments:
Based on the consumer insights of Generation Z, NORVEY pays great attention to the differentiation of products. More importantly, the brand starts from the dimension of national style IP and integrates brand culture with circle culture. After obtaining financial support, NORVEY will provide users with more high-quality beauty pupil products in the future.
Men's makeup brand Yan has received millions of yuan in angel round financing
Image source: brand official
Recently, men's makeup brand Yan zhi received millions of yuan of angel round financing, invested by Hanpan Venture Capital. This round of financing will be mainly used for product research and development, channel expansion and team building.
Yan Zhi is a domestic male cost-effective skin care makeup brand, the products mainly include male basic makeup BB cream based makeup product series, cleansing-based personal care products, washing tool series and some peripheral products.
Editor's Comments:
In recent years, the skincare awareness of Gen Z men has been continuously enhanced, and its proportion in the entire consumer group has continued to increase, and it has gradually become the main consumption force in the male beauty industry. In terms of product research and development and design concept, it is more appropriate to the aesthetics of male consumers to cut in, and in the products currently on the market, the response is good, which is also one of the reasons why it is favored by capital.
-Acquisition News-
Alipay wholly owned shares squeak
Recently, Hangzhou Squeak Information Technology Co., Ltd. underwent industrial and commercial changes, the original shareholder Shanghai Yunxin Venture Capital Co., Ltd. withdrew, and the new shareholder Alipay (Hangzhou) Information Technology Co., Ltd., holding 100% of the shares.
According to the information of the enterprise investigation, Hangzhou Squeak Information Technology Co., Ltd. was established on August 26, 2015, and is a social service provider of real-name acquaintances. Mainly through the "Friends" section of Alipay to provide users with social services, users need to register with their real names in the platform, and can use the functions provided by the platform to interact with friends, publish graphic information, etc.
Editor's Comments:
After being wholly invested in Alipay, Squeak will further enhance brand awareness and optimize related business segments to bring better services to users.
Wangfujing intends to acquire 100% of the shares of Hainan Tourism
Recently, Wangfujing Group Co., Ltd. announced that it has participated in the bidding for 100% of the equity of Hainan Outlet Tourism Development Co., Ltd., which is publicly listed and sold by Juyuan Xincheng (Tianjin) Investment Management Co., Ltd. on the Beijing Equity Exchange, and has been confirmed as the transferee of the bidding, with an equity transfer price of about 160 million yuan.
Hainan Tourism was established on March 10, 2011 with a registered capital of RMB 300 million, and its business scope is the development and construction, sales, leasing, operation, property management, commercial operation and management of world famous discount stores and supporting service buildings.
Editor's Comments:
For Wangfujing, the acquisition of the project has many benefits, not only convenient transportation, which can effectively radiate the whole island, but also the rapid development of the local economy, rich tourism business, and considerable passenger flow. In the future, it is expected to become the largest and most abundant outlet shopping mall in Hainan.
-Enterprise News-
Starbucks announced its exit from the Russian market
A few days ago, the American Starbucks Company announced that it will withdraw from the Russian market, close its 130 stores in Russia, and its brand will no longer be retained in the Russian market. In addition, Starbucks said it will pay its nearly 2,000 Russian employees 6 months' salary and help them transition to new jobs.
Starbucks entered the Russian market in 2007, and all 130 stores are wholly owned and operated by franchise partners.
Editor's Comments:
Since the outbreak of the Russian-Ukrainian conflict, many international brands have announced the suspension of Russian operations and further withdrawals, this time it is Starbucks' turn.
Airbnb will close Chinese mainland business
Recently, Airbnb, a shared homestay business in the United States, announced that it will close its business Chinese mainland and will suspend support for domestic travel listings, experiences and related bookings from July 30, 2022.
In response, Airbnb China officials responded that the company will focus on outbound tourism business, integrate resources, and fully serve the return of outbound tourism.
Editor's Comments:
Affected by the epidemic, the global tourism industry has fallen into weakness, including accommodation, hotels and other formats have also been implicated. Airbnb's exit does not mean that it is abandoning the Chinese market, but is focusing its business on the opportunities to serve Chinese travelers traveling abroad.
-Brand new-
YYIN Cain released the 2022 "Ideal Love IDEAL LOVE" brand concept blockbuster
Image source: brand official
Recently, YIN Yin launched the 2022 "Ideal Love IDEAL LOVE" new brand concept blockbuster, focusing on modern groups in different identity states, in-depth explanation of the emotional stories and brand interpretation of different ideal love, intended to deeply convey the brand concept and pioneering attitude of "ideal love, with your edges and corners".
For the contemporary pioneer concept of marriage and love and emotional choice, YIN Yin originally launched the brand concept of "ring does not ring", re-endowed the ring with the meaning of choice and belief, and supported a variety of product choices such as the "ring of the ring" and the "Re-Single" single ring.
Editor's Comments:
The new brand concept blockbuster launched by YIN Yin this time expresses a unique warm theme to users in multiple dimensions by showing the story of different ideals and love.
Tangjiu Convenience launched an independent sub-brand-like coffee
Image source: brand official
A few days ago, Tangjiu Convenience announced that sample coffee has officially entered the coffee market as an independent sub-brand, which has been launched in more than 200 Xi'an stores and is expected to be fully rolled out in June.
For the first time, the concept of deep customization was proposed, and the coffee was divided into four concentrations from 30°-90° through different amounts of coffee bean extraction and the combination of water and milk to form different flavors.
Editor's Comments:
In recent years, convenience store coffee has emerged as an emerging force, so more and more convenience store brands have taken a fancy to this business. The launch of the sample coffee by Tangjiu Convenience is a new measure to test the water coffee track.
Unilever's new Chinese men's brand EB39 is online
Image source: brand official
Recently, Unilever China's new men's brand EB39 was launched. EB39 means "ENERGY BUFF for fashionable men's skincare with high technology".
The outer packaging of EB39 products adopts a stable blue color, straight line laser bottle body, simple font, and the overall sci-fi style style. The brand positioning is high-end, and 3 single products have been launched so far, and the price is concentrated in 300-500 yuan.
Editor's Comments:
In recent years, the domestic men's skin care market has shown great changes in new groups of people and new consumption. The continuous bet of capital has ignited the heat of "his economy". How many users can unilever China launch a new brand?
Avaloq helped Mega Bank build an information system platform to expand its private banking business
In order to focus more on the improvement of the customer service quality of high assets and the establishment of an overall exclusive platform, Mega Bank launched the financial management 2.0 high asset business in April last year. Avaloq and Mega Bank have joined hands to introduce an international private banking system.
Avaloq International Private Finance Management System not only has the ability to automate processes, but also integrates the data of various platforms within Mega Bank to ensure the integrity of business data and help Mega Bank develop its private banking business.
Editor's Comments:
For Mega Bank, Avaloq understands private banking very well, and this platform will help to quickly establish and expand relevant private banking business in a short period of time, further upgrading the risk control of high-asset customer portfolios.
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