ECMOHO and L&P Cosmetic Formed a Comprehensive Strategic Partnership
April 20 2020 - 8:30AM
ECMOHO Limited (“ECMOHO” or the “Company”; Nasdaq: MOHO), a leading
integrated solution provider in the rapidly growing non-medical
health and wellness market in China, and L&P Cosmetic Co.,
Limited (“L&P Cosmetic”), a Korean cosmeceutical company, whose
brands include MEDIHEAL, have entered into a comprehensive
strategic partnership, in which ECMOHO will provide integrated
omni-channel marketing services for L&P Cosmetic by introducing
MEDIHEAL to Chinese consumers who are keen on Korean beauty
products. ECMOHO will leverage its expertise in data analytics and
digitization to support MEDIHEAL in reaching Chinese consumers,
offering consumer insights and leveraging online and offline
integrated channels to provide consumers with personalized
products. Through data analytics, ECMOHO can precisely target
consumers with the most appropriate products based on their gender,
skin characteristics, geographic region, and climate.
As a leading integrated solution provider,
ECMOHO brings a well-connected ecosystem to brands and helps brands
facilitate digital transformation in sales, logistics, supply-chain
and consumer management. ECMOHO’s expertise ensures the continuous
growth of brands and strengthens the Company’s collaboration with
brand partners.
Safe Harbor Statements
This news release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and as defined in the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "target," "going forward," "outlook" and
similar statements. Such statements are based upon management's
current expectations and current market and operating conditions,
and relate to events that involve known or unknown risks,
uncertainties and other factors, such as the Company’s partnership
with L&P Cosmetic, the Company’s expectations regarding demand
for and market acceptance of MEDIHEAL’s products, and the
effectiveness of the Company’s targeted marketing of MEDIHEAL’s
products, all of which are difficult to predict and many of which
are beyond the Company's control, which may cause the Company's
actual results, performance or achievements to differ materially
from those in the forward-looking statements. Further information
regarding these and other risks, uncertainties or factors is
included in the Company's filings with the U.S. Securities and
Exchange Commission. The Company does not undertake any obligation
to update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
applicable law.
About ECMOHO Limited
ECMOHO is a leading integrated solution provider
in the rapidly growing non-medical health and wellness market in
China. The Company acts as the bridge between brand owners and
Chinese consumers by marketing and distributing health supplements
and food, mother and child care products, personal care products,
household healthcare equipment and other health and wellness
products. Through over seven years of operation, ECMOHO has built
an ecosystem where Chinese consumers are provided with customized
health and wellness solutions that include quality products and
trustworthy content.
For more information, please visit
http://ir.ecmoho.com/.
For investor and media inquiries, please contact:
ECMOHO Ltd. Ms. Ellen Chiu Email:
ir@ecmoho.com
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