Ally Dai, Happi China08.01.12
If it weren’t for the recent row between Lafaso and Jumei, two of China’s largest cosmetic online retailers, I wouldn’t have a clear picture of how fierce the competition in the online cosmetic market has become and how much e-commerce potential in China still remains.
A new white paper, “China Cosmetic E-commerce,” published by Lafaso, shed some light on the sensitive supply channel of Chinese cosmetic e-commerce, indicating most cosmetic shopping websites do not have authorization from brand owners. Not long after the paper was published, Lafaso board director Li Jing publicly accused rival Jumei of hacking Lafaso’s website. Jumei CEO Chen Ou denied the allegation and blamed Lafaso’s technical problem. With both companies preparing an IPO, some industry analysts view the confrontation as a battle for the No. 1 spot in the sector.
Ally Dai
Happi China
Website: www.industrysourcing.com
Ally Dai is Deputy Editor-in-Chief of Ringier Trade Media Ltd, responsible for trade publications including Happi China. She has more than 10 years of experience in the cosmetic and food industries. Happi China is a leading media for the China household & personal care industry. Published by Ringier Trade Media in strategic editorial partnership with Happi, it helps local manufacturers update their knowledge on formulating, testing and packaging, as well as providing market insight.
According to studies, internet users in China exceed 500 million—leaving opportunity for marketers in the beauty industry. |
Ally Dai
Happi China
Website: www.industrysourcing.com
Ally Dai is Deputy Editor-in-Chief of Ringier Trade Media Ltd, responsible for trade publications including Happi China. She has more than 10 years of experience in the cosmetic and food industries. Happi China is a leading media for the China household & personal care industry. Published by Ringier Trade Media in strategic editorial partnership with Happi, it helps local manufacturers update their knowledge on formulating, testing and packaging, as well as providing market insight.