$Yatsen (YSG.US)$ There is no business barrier at present, t...

There is no business barrier at present, the beauty brand Tmall want to do their own can incubate a lot

Now there are too many similar brands, will girls always have high loyalty to a beauty brand? "Put a question mark"

Yixian must pay attention to "technology RESEARCH and development" and "brand building" in order to have a certain position in the market in the future. The current R&D investment ratio of 2.3%, which is very different from that of high-end brands, is "about 15% for well-known brands".