Cosmetics upstart Maogeping tops RMB 5B in 2025 revenue as premium shift pays off
The latest results suggest the company is evolving from a single-category cosmetics label into a full-spectrum beauty house spanning makeup, skincare and fragrance.
Day: March 29, 2026
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Caocao narrows losses by half after IPO, bets on robotaxi push for growth
Beyond near-term financial improvement, the company used the earnings release to outline an unusually detailed robotaxi roadmap, positioning autonomous mobility as its next major growth engine.