GUANGZHOU, China, Dec. 22, 2021 /PRNewswire/ -- Onion Global
Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG),
a next-generation lifestyle brand platform that incubates, markets,
and distributes the world's fresh, fashionable, and future brands
to young people in China and
across Asia, today announced that
it has won the 2021 Annual China Consumption Industry Influential
Brand Enterprise Award at the 17th Industry Development Forum,
Digital Economy and Business Model Innovation Summit (the
"Summit"), held in Tianjin, China,
on December 8, 2021. The Company also
presented a keynote speech on Onion Global's innovative concept of
integrating "consumers, products, and channels" with its superior
brand's portfolio matrix, which drew great attention and
recognition from the attendees.
More than 300 participants attended the Summit, including
economists, industry experts, and senior executives from major
domestic companies to discuss how enterprises should accomplish
fresh transformations and innovations in the digital era.
Enterprise representatives comprehensively demonstrated their
latest improvements and innovational achievements from new
technologies, services, products, and business models through
speeches and Ted Talks.
Mr. Cong (Kenny) Li, Founder and
CEO of Onion Global commented, "The award is an affirmation and
recognition of Onion Global's capabilities to effectively incubate
and manage global brands. By leveraging our competencies in brands
R&D, incubation, and marketing to reach consumers throughout
the entire brand's operational value chain from the upstream,
middle, and downstream, we have successfully built our own private
label brand matrix called 'Luca Brand' which now operates more than
30 brands. This again proves the sustainability of the Company's
long-term vision for investing in positioning the business in the
new consumption sector. Onion Global selects top-notch global
partners through investments, acquisitions, and joint R&D
programs to empower brand incubation and omni-channel marketing and
builds a solid foundation for establishing a long-term brand image
in the China market. The company's
Luca Brands will focus on three
areas including smart lifestyle, healthy foods, and biotech
products, and will strategically cooperate with the world-leading
manufacturers and laboratories to co-develop cutting-edge
functional skincare, body care, and health products in the big
healthcare sector."
Safe Harbor Statement
This press release contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about the Company's
beliefs and expectations, the Company's forecasts, general
observation of the industry, and business outlook, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties and a number of factors could
cause actual results to differ materially from those contained in
any forward-looking statement. In some cases, forward-looking
statements can be identified by terminology such as "may," "will,"
"expects," "anticipates," "target," "aim," "future," "intends,"
"plans," "believes," "potential," "estimates" "continue," "is/are
likely to," or other similar statements. Further information
regarding these and other risks is included in Onion Global's
filings with the SEC. All information provided in this press
release and in the attachments is as of the date of this press
release, and Onion Global does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
About Onion Global Limited
Onion Global Limited (NYSE: OG) is a next-generation lifestyle
brand platform that incubates, markets, and distributes the world's
fresh, fashionable, and future brands, which we refer to as "3F
brands," to young people in China
and across Asia. The Company's
mission is to be the dream factory of lifestyle brands for young
people. The Company's platform offers an integrated solution to
develop, market, and distribute new and inspiring branded products,
thereby reshaping the lifestyle shopping and consumer culture in
China. Onion Global Limited has
been listed on New York Stock Exchange since May 2021.
For more information, please visit: http://ir.msyc.com/.
Investor Relations Contact
In China:
Onion Global Ltd.
Investor Relations
E-mail: ir@msyc.cc
Christensen
Mr. Eric Yuan
E-mail: eyuan@christensenir.com
Tel: +86-10-5900-1548
In the United States:
Christensen
Ms. Linda Bergkamp
E-mail: lbergkamp@christensenir.com
Tel: +1-480-614-3004
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SOURCE Onion Global Limited