GUANGZHOU, China, Aug. 9, 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 reaffirmed that its LUCA brand
portfolio strategy is committed to launching sustainable brands,
and proudly introduces Merverte, a South Korean salon skincare
brand, and Oceanfit, a New Zealand
healthcare brand to its O'mall platform.
Mr. Cong (Kenny) Li, Founder, and
CEO of Onion Global commented, "Our LUCA brand portfolio continues
to focus on building emotional and personal connections with the
younger generation. Through multiple years of data analytics and
insights on the market and consumer demands, we found that a
growing number of young people are suffering from joint pain such
as cervical spondylosis and lumbar disc herniation due to long
working hours in front of a computer and heavy use of smartphones.
Given that, we established our cooperation with premium
international sustainable brands, Merverte and Oceanfit, which use
algae and other marine plants as their core ingredients to develop
eco-friendly and functional products. For example, the patented
MC-II extracted by Oceanfit supports joint mobility and comfort
while encompassing environmental protection in meeting the real
needs of younger consumers. The selection of Merverte and Oceanfit
into our LUCA brand portfolio also demonstrates Onion Global's
commitment to the sustainable development of society, while meeting
the functional needs of consumers through its brand portfolio
operations and management."
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
