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China e-com channels battle for skincare share
Amid weak sales, cosmetic consumers go domestic, take advantage of discounts
Leo Tang
15 Aug 2024
While overall online sales of personal care and cosmetics in China in July fell by 4% year-on-year, figures indicate some shifts in selling dynamics across channels and brands – with the JD.com channel gaining ground on market leaders Taobao and Tmall, two platforms that are part of the Alibaba Group, and Douyin, a subsidiary of Bytedance, and domestic brands outperforming those of overseas multinational corporations ( MNCs ).