L’Oréal signed memorandum of cooperation with Alibaba and Oriental Beauty Valley Group to accelerate its expansion in China.
On April 6th, at the 5th meeting of the China-France Business Council, L’Oréal signed memorandum of cooperation on two strategic projects, The “French Start-up and SME Incubation Platform” with the Business France and the Oriental Beauty Valley Group, and the “Digital Circular Economy Model for Beauty Industry” with Alibaba Group.
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