THE WHAT? Alibaba is said to have agreed to buy a minority stake in Vietnamese beauty retailer Hasaki via its International Digital Commerce Group unit.
THE DETAILS Nikkei Asia reports, quoting DealStreetAsia that the cosmetics chain counts some 140 stores and clinics across the country among its portfolio as well as a thriving e-commerce business, with some 3.8 million users. It is hoping to account for 35 percent of the local market by 2027.
THE WHY? Hiep Dinh, Founder and CEO of Hasaki told DealStreetAsia, per Nikkei Asia, “We are thrilled to welcome Alibaba International as a financial investor. Despite challenging macro conditions, this transaction is a testament to the Hasaki team’s capability and business model.”
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
