Nivea Accelerator announces second batch of start-ups
Beiersdorf has launched the second edition of its global start-up acceleration program, Nivea Accelerator (NX) in Seoul.
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Nivea India jumps into TikTok with #SharetheCare campaign
Nivea India has launched onto social media platform TikTok with a campaign named #SharetheCare, according to a report published by Exchange4Media.
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C-beauty booms despite wider cosmetics slump
Shares in C-beauty companies have experienced an uptick as investors bet on a wholesale switch towards cheaper, local brands in the wake of the coronavirus pandemic, according to a report published by Bloomberg.
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Sephora launches flagship site on China’s Tmall
Sephora has announced the launch of its Sephora Tmall Global Flagship Store in partnership with China’s Alibaba-owned e-commerce platform Tmall.
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Dior teams up with Meitu to reach Chinese shoppers
Dior has partnered with Meitu to launch an AI-powered skin-testing tool dubbed Dior Skin ID, according to a report published by KrAsia.
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JD.com sees revenue climb 20.7 percent as COVID-19 sends shoppers online
JD.com has announced its results for the first quarter of fiscal 2020. The Chinese tech and e-commerce behemoth saw revenues climb 20.7 percent year-on-year in the three months to March 31, 2020, to RMB146.2 billion.
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Chanel launches online beauty pop-up store in Hong Kong
Chanel has launched an online pop-up store in Hong Kong, which will feature beauty items such as make-up, skincare and fragrance.
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Facebook inks deal to become largest minority shareholder in India’s Jio Platforms
Facebook has announced a $5.7 billion investment into Jio Platforms, the digital technology arm of Asia’s richest man Mukesh Ambani’s company, Reliance Industries.
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Alibaba to invest US$28 billion in cloud computing
Alibaba is to invest some US$28 billion in its cloud computing division, according to a report published by Bloomberg.
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Meituan ups inventory to include Sephora as e-commerce booms
China’s leading food delivery service Meituan is expanding rapidly in a bid to compete with e-commerce giants Alibaba and JD.com, according to a report published by Tech Node.
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