The recent spat between the two brands brings to the fore the stiff competition in the largely unregulated skincare industry.
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The consumer goods giant’s performance has been in a funk for a long time. Fund managers need to stop giving it a long rope.
An online marketplace for professionals is the company’s yet another attempt at building something of value, besides food delivery and quick commerce. There’s no telling whether it will work.
The decade-old company is reportedly planning to venture into food delivery and fintech. Its no-commission model might just come in handy for its expansion plans.