| Market Capitalization (Millions $) |
4,917 |
| Shares
Outstanding (Millions) |
1,863 |
| Employees |
494 |
| Revenues (TTM) (Millions $) |
614 |
| Net Income (TTM) (Millions $) |
-13 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Yatsen Holding Limited is a leading Chinese cosmetics company that operates under the brand names Perfect Diary, Little Ondine, and Abby's Choice. The company was founded in 2016 by Lei Zhang, who serves as its CEO. It is headquartered in Guangzhou, China, and has offices in Beijing, Shanghai, and Hong Kong.
Yatsen Holding Limited is focused on providing high-quality, affordable cosmetics products to the Chinese market. Its product line consists of a wide range of skin care, makeup, and fragrance products. The company's flagship brand- Perfect Diary- offers a wide range of makeup products with a strong emphasis on social media and user engagement. Since its inception, Perfect Diary has emerged as one of the leading makeup brands in China with a focus on young women.
One of Yatsen Holding's core strategies is the use of social media marketing. The company has a large following on Chinese social media platforms such as WeChat, Weibo, and Douyin. It leverages these platforms to engage with customers, showcase its products, and promote its brand. Additionally, the company uses a direct-to-consumer (DTC) business model, selling its products online via e-commerce platforms. Its online store is designed for a seamless shopping experience and offers a variety of promotions, discounts, and other incentives.
The company has achieved significant growth since its founding. In November 2019, Yatsen Holding went public on the New York Stock Exchange, raising more than $600 million. The IPO was a major milestone and demonstrated the market's confidence in the company's growth prospects. As of 2021, Yatsen Holding has a market capitalization of over $14 billion.
In addition to its business operations, Yatsen Holding has also been actively involved in corporate social responsibility (CSR) initiatives. It has established a foundation to support various charitable causes, including education, environmental conservation, and disaster relief. The company has also implemented green initiatives in its operations, such as using recyclable materials in its packaging.
Overall, Yatsen Holding Limited is a dynamic and innovative company that has emerged as a major player in the Chinese cosmetics market. Its focus on quality, affordability, and customer engagement has helped it to build a loyal customer base and drive strong growth. As the company continues to expand its product line and customer base, it is poised for continued success in the years ahead.
Company Address: Floor 39, Poly Development Plaza Zagreb 510335 City of Zagreb
Company Phone Number: 20-8730 7310 Stock Exchange / Ticker: NYSE YSG
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