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Meituan shutters Youxuan in several regions, shifts focus to offline retail

After cost cuts and subsidy rollbacks failed to yield profits, Meituan is scaling back Youxuan to focus on an offline retail initiative under Xiaoxiang Supermarket.

3 mins read
  • The budget-friendly Kate brand is kicking off a promotional blitz with a fivefold budget boost.

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    Japan’s Kao ramps up Asia makeup push as China, South Korea brands rise

    3 mins read

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