JOY GROUP Announced Full Year 2022 Financial Results
SHANGHAI, April 7, 2023 /PRNewswire/ -- Juyi Cosmetics Co., Ltd. ("JOY GROUP"), a leading multi-brand China-based cosmetics company, has announced its financial results for FY2022, with annual revenue reaching USD256.7 mn (RMB1.8 bn), and estimated GMV reaching USD313.8 mn (RMB 2.2bn), up c. 30% year-on-year.
- SHANGHAI, April 7, 2023 /PRNewswire/ -- Juyi Cosmetics Co., Ltd. ("JOY GROUP"), a leading multi-brand China-based cosmetics company, has announced its financial results for FY2022, with annual revenue reaching USD256.7 mn (RMB1.8 bn), and estimated GMV reaching USD313.8 mn (RMB 2.2bn), up c. 30% year-on-year.
- Established in 2017 and headquartered in Shanghai, JOY GROUP has evolved into a multi-brand beauty company with digital first DNA and omnichannel expertise.
- With a direct-to-consumer approach, JOY Group now operates a network of flagship stores on major ecommerce platforms, and 25+ offline monobrand boutiques.
- JOY GROUP has built its integrated end-to-end supply chain capability from R&D, procurement, production, inventory to delivery.