Yatsen Holding Limited (NYSE:YSG) entered into an agreement to acquire mainland China business of Dr. Wu Skincare Co., Ltd. (TPEX:6523) in November 2020. Transaction will leverage the brand equity, proven products and formulations, combined with our DTC model and platform capabilities, to bring the brand to next level.

Yatsen Holding Limited (NYSE:YSG) completed the acquisition of mainland China business of Dr. Wu Skincare Co., Ltd. (TPEX:6523) in January, 2021.