December 16, 2020
published at 4:41 AMReuters
Liu Yuxuan, 22, a student, puts on his make-up at a restroom in a shopping mall in Shanghai, China, on Dec 3, 2020.
Reuters
China's radiant male skincare market has a fresh shine: A raft of domestic startups is tapping global investors for funds, with ambitions to rival giants like L'Oreal in a billion-dollar business serving image-conscious millennial men like Hou Junru.
The 24-year-old Shanghai education worker got into skincare as a student and splurged more than $1,000 (S$1,332) on creams and lotions in e-commerce firm Alibaba's giant Nov 11 Singles Day promotion. "My need is to keep the skin moist and look pale," said Hou.