Announced details
Monthly GMV exceeded ¥10 million for 4 consecutive months.
Monthly GMV exceeded ¥10 million for 4 consecutive months (the company's own D2C brand e-commerce business launched in March 2026).
We provide Japanese brands with cross-border e-commerce and D2C support using RED.
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
Reuters (22 June 2026, 16 December 2024, 15 January 2025)
Ministry of Economy, Trade and Industry, "FY2024 Survey of the Electronic Commerce Market"
| Item | Details |
|---|---|
| Names of Products / Services Covered | RED (Xiaohongshu), RED E-commerce Store, Cross-border e-commerce and D2C support |
| Relationship with the Company | We provide Japanese brands with cross-border e-commerce and D2C support using RED. |
| Launch date | 13 July 2026 (full-scale rollout, as of the announcement) |
| Applicable area | Fashion, Cosmetics, Lifestyle |
| Quantitative Effects | Monthly GMV exceeded ¥10 million for 4 consecutive months. |
| Usage history | Monthly GMV exceeded ¥10 million for 4 consecutive months (the company's own D2C brand e-commerce business launched in March 2026). |
| Source | Reuters (22 June 2026, 16 December 2024, 15 January 2025), Ministry of Economy, Trade and Industry, "FY2024 Survey of the Electronic Commerce Market" |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.While the importance of building brand understanding and trust through content is increasing in the Chinese market, Japanese brands face challenges in establishing official sales channels for China and managing content for local users.