GUANGZHOU, China, Jan. 7, 2022 /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
a select group of its brands were featured in the 6th
edition of the "Top 10 Lifestyle Brands" list compiled by LIFE+, an
independent third party media platform that conducts research on
the changing lifestyle patterns in China, and the Jinan University Lifestyle
Academy.
Specifically, TENKOU RYUUGI, one of Onion Global's Luca Brands, was featured on the 2021 China Top
10 Household Experience List for delivering high-quality,
aesthetics-focused, and value-for-money household products in the
household, skincare, and health categories. LETSEXY, an Onion
Global incubated, low-fat, light meal food brand that focuses on
weight management and the production of functional superfood
products was featured on the 2021 China Top 10 Dining Experience
List for its customized calorie-controlled products developed based
on its two-dimensional model of relaxation and science. MIRACLE
SNACK STORE, an Onion Global snack brand that offers a variety of
snacks designed to satisfy the dynamic eating habits of young
people, was featured on the 2021 China Top 10 Design List.
Mr. Cong (Kenny) Li, Founder and
CEO of Onion Global commented, "These awards speak to our efforts
in cultivating and managing lifestyle brands, and our product
portfolio can now cover the entire spectrum of a consumer's
day-to-day life needs. Today, our Luca
Brands portfolio has more than 30 popular brands and over
600 products that we have accumulated through investments, M&A,
and strategic brand management. The portfolio covers products from
smart lifestyle and healthy foods to biotech products that are
aimed at promoting a better lifestyle. Going forward we will
continue to grow our product offerings with ones that are backed by
science and technology, and closely monitor the repurchase rates to
analyze and differentiate our most popular products. Our investment
in technology creates barriers that are underpinned by our
strengths in the upstream supply chain that we have established
over the years, enabling us to meet the evolving needs of our
consumers with better products. We will continue to enhance our
offerings by further investing in intelligent manufacturers and
research and development centers worldwide."
Onion Global focuses on the integration of online and offline
consumption scenarios and has created a brand portfolio matrix that
meets the tastes and demands of the younger generation. The Company
is building a holistic brands ecosystem by leveraging the
integrated platform of its supply chain, brands, marketing, and
distribution channels. As such, Onion Global can meet the
diversified, vertical, and experiential lifestyle needs of the
younger consumers that are leading the consumption growth in the
new consumption era.
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