Speedy China（星光速度国际文化 有限公司）: The day Chinese brands take over the world
Do you know these brands?
“PERFECT DIARY”, “Simple Love”, “Chicecream”, “SHEIN”
These are all China’s top brands
PERFECT DIARY（完美日記）- Cosmetics
In China, this brand is beating L’Oréal, Estée Lauder, and Lancôme.
The brand is operated by a company called Yatsen, and has a market cap of $11 billion (approx. ¥1.144 trillion – NYSE).
Simple Love（簡愛酸奶）- Dairy products, yogurt drinks, etc.
A range of low-sugar products with elegant designs, which are also additive-free and said to be good for your health.
Chicecream（鍾薛高）- Luxury ice cream
Only two years after its founding, this company’s revenue has surpassed that of Häagen-Dazs.
On Singles’ Day in 2020, they sold a total of 100,000 products within 18 minutes of opening.
Founder and CEO Frank Lin worked in the advertising industry after he graduated from college.
SHEIN – Fast fashion for women
This brand is extremely popular not just with Chinese teens, but Americans as well. They are competing with H&M and ZARA.
Each year, the Alibaba website records its highest revenue on Singles’ Day, and the brands that earn more than (approx. $15 million) over the course of the day are called the “100 million yuan club.”
There are 299 brands in this club, and 80% of them are Chinese brands. They are no longer imported products or simple imitations of Western and Japanese brands.
These Chinese brands targeted at Generation Z are apparently called “guo huo” (Chinese-made products).
You won’t ever hear this information if you aren’t keeping up with what’s happening in China. Read the article below.
It’s a report by Matt Cheng, of Chinese VC firm Cherubic Ventures.
This video I was shown yesterday by Yoko Sakanoue is also quite interesting.
A documentary by filmmaker Ryo Takeuchi, who lives in China.
China’s Post-Pandemic Era: Winning Against All Odds
After the pandemic, we here at Speedy China hope to continue acting as a bridge between Japanese companies and the emerging Chinese companies.
Speedy China located in the special economic zone of Zhuhai, China（星光速度国际文化 有限公司）http://spdy.jp/en/news/s7966/
↓Official website, which can be accessed from within China
We run a joint business with web solutions company Aliyun, a subsidiary of the Alibaba Group.
Speedy bilibil official site
If your company is considering expanding into China, please feel free to send us a message.