Media OutReach
YesAsia Holdings Reports Another Record-High Interim Performance: 1H2025 Revenue US$243.93 Million (+49.3%), Net Profit US$14.08 Million (+26.7%)
Leveraging B2C and B2B Synergies to Capitalize on the Global K-Beauty Boom
Results Highlights
- Revenue rose by 49.3% to US$243.93 million.
- Operating profit increased by 31.9% to US$18.68 million.
- Net profit grew by 26.7% to US$14.08 million.
- Business-to-Customer (B2C) YesStyle Platforms recorded revenue of US$164.86 million, up 31.7%, contributing 67.6% of the Group’s total revenue.
- Revenue of Business-to-Business (B2B) platform AsianBeautyWholesale surged by 110.9% to US$77.94 million, contributing 32.0% of the Group’s total revenue.
- With the launch of a new Korean distribution center and a second AMR warehouse in Hong Kong, the Group now boasts one of Asia’s most advanced e-commerce logistics networks
HONG KONG SAR – Media OutReach Newswire – 22 August 2025 – YesAsia Holdings Limited (“YesAsia Holdings”, and together with its subsidiaries, the “Group”) (02209.HK), a leading e-commerce platform operator recognized for its expertise in curating Asian beauty and lifestyle products, announced today its interim results for the six months ended 30 June 2025 (the “Period”).
The Group’s revenue rose by 49.3% to US$243.93 million, driven by its dual-engine strategy across the YesStyle Platforms and AsianBeautyWholesale (“ABW“), which together captured surging global demand for K-beauty products. Gross profit increased by 46.0% to US$73.26 million, and gross profit margin remained relatively stable at 30.0%. Operating profit also grew by 31.9% to US$18.68 million. Net profit for the Period surged more than a quarter to US$14.08 million, with a net profit margin of 5.8%. Basic earnings per share were US3.43 cents (1H2024: US2.80 cents).
Extend market reach with an enhanced global logistics network
To mitigate single-market exposure and capture opportunities arising from accelerating global crave for Asian beauty, geographic diversification remains a strategic priority of the Group. In the first half of 2025, while the US delivered a stable 12.9% revenue growth and remained the Group’s largest single-country market, the Europe and Associated Countries emerged as the fastest-growing region, with approximately 47.7% revenue growth, outpacing the US and contributing 38.5% of the Group’s total revenue for the Period. Latin America and the Middle East regions also demonstrated strong growth momentum, with revenue up by 181.0% and 85.6% year-on-year, respectively. To enhance accessibility in emerging markets, Polish was added to the Group’s multilingual interfaces in July 2025.
Moreover, the Group continued to optimize its global logistics footprint to strengthen supply chain resilience and boost operational efficiency and flexibility. In April 2025, a new 147,000-square-foot distribution center commenced operations in Korea. This was followed in May 2025 by the launch of the Group’s second Autonomous Mobile Robotics (AMR) warehouse in Hong Kong, building on the proven track record of its first smart warehouse deployed in 2022. Together with facilities in the US, UK, and Germany, the network provides a rapid-response capability to support B2B expansion while enabling B2C platforms to seamlessly absorb order increase. Freight charges as a percentage of revenue reduced to 19.2% from 21.5% a year ago.
Capitalizing on synchronized retail and wholesale development to propel the K-Beauty wave
By aligning online commerce with offline distribution, the Group continues to create compounded value for its ecosystem partners. The B2B network improves product visibility, while the B2C platforms deliver localized, data-driven consumer experiences.
Notably, ABW has successfully established distribution for K-Beauty products with 21 retailers across 17 international markets. These include prominent national chains such as Ulta, TJX, and Burlington in the US; Primark and Superdrug in the UK; OVS in Italy; Flaconi in Germany; Sally Beauty in Mexico; Pichara in Chile; and 7-Eleven in Thailand, among others. Supported by an agile supply chain and diverse product offerings, the Group’s big data analytics provide retail partners with actionable insights to optimize inventory, anticipate trends, and cater to shifting demand, giving them a competitive edge.
Mr. Joshua Lau, Founder, Executive Director and Chief Executive Officer, said: “We continue to witness remarkable growth and rising popularity of K-Beauty across all our served markets, spanning both online and offline channels. By leveraging strong brand partnerships, a robust network of 400,000 influencers, and an advanced logistics infrastructure, we are powering dual growth engines in both B2C and B2B platforms. This unique positioning enables us to deliver exceptional value to our customers while gaining strategic advantages in this rapidly expanding industry. Amid ongoing macroeconomic uncertainties, we remain committed to prudent resource allocation and confident expansion into diverse countries and regions. Fueled by the global resonance of the K-Beauty wave and accelerated by rapid product innovation, we aim to create long-term value for both shareholders and stakeholders.”
Hashtag: #YesAsiaHoldings
The issuer is solely responsible for the content of this announcement.
About YesAsia Holdings Limited (02209.HK)
Established in 1997, YesAsia Holdings is a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty, fashion, lifestyle and entertainment products. Headquartered in Hong Kong, the Group deliver products promptly and efficiently to a global audience through its strong ties with over 400 leading Asian beauty brand and supplier partners. The Group operates three major e-commerce platforms: YesStyle, an e-commerce B2C platform for serving the increasingly popular Asian beauty, fashion and lifestyle products, particularly Korean beauty products; AsianBeautyWholesale, a B2B platform for Asian beauty products; and YesAsia, an e-commerce retail platform for entertainment products. YesAsia Holdings is a constituent of the MSCI Hong Kong Micro Cap Index.
For more information, please visit the Group’s official website: https://www.yesasiaholdings.com/
Media OutReach
PolyU research teams and startups shine at CES 2026, winning three prestigious innovation awards
Prof. Christopher CHAO, PolyU Senior Vice President (Research and Innovation), remarked, “PolyU is committed to nurturing innovative research talent with both national and international outlooks. We empower our teams by leading them to major international innovation events and fostering close collaboration among industry, academia, research and investment sectors on a global level, creating opportunities for the overseas expansion of PolyU startups. PolyU was the sole university from Hong Kong to exhibit at the event, with its participating teams making up 30% of the Hong Kong delegation, contributing to Hong Kong’s advancement into an international innovation and technology hub. Our record-breaking performance at this year’s CES affirms international recognition of PolyU research and innovation, propelling our teams to continue striving along the path of innovation and technology to create even more profound social impact.”
Leveraging its robust research strengths and its unique startup ecosystem, PolyVentures, the University actively supports its research teams and startups in developing innovative technologies, bringing Hong Kong research achievements to the global stage. The Smart Firefighting Robot, developed by Mr WANG Meng, a PhD candidate of the Department of Building Environment and Energy Engineering as well as Founder of PolyU startup Widemount Dynamics Tech Limited, along with his team, achieved the highest score in the “Products in Support of Human Security for All” category and earned the prestigious “Best of Innovation Award”. The Powered Rehab Skateboard, developed by Prof. Kenneth FONG, Associate Dean of the Graduate School and Associate Head of the Department of Rehabilitation Sciences, received an “Innovation Award” in the “Accessibility and Longevity” category. The FattaLab® Fatty Liver Diagnostic Device, developed by a team spearheaded by Prof. ZHENG Yongping, Henry G. Leong Professor in Biomedical Engineering, Chair Professor of Biomedical Engineering, and Founder and Chief Scientist of PolyU startup Eieling Technology Limited, also won an “Innovation Award” in the “Digital Health” category.
The three award-winning innovations aim to enhance human security or health through cutting-edge technologies. The AI-driven Smart Firefighting Robot features autonomous patrol, burning materials classification, fire extinguishing and real-time data sharing functions in smoke-filled environments, protecting firefighters and the public simultaneously. The Powered Rehab Skateboard is a portable and cost-effective robotic system that supports home-based and community rehabilitation for stroke patients. The skateboard facilitates motor recovery in hemiparetic upper limbs and allows users to engage in effective therapy. The FattaLab® Fatty Liver Diagnostic Device is the world’s first lightweight intelligent assessment system for fatty liver detection. Weighs only 120 grams, the device can complete fatty liver assessment within 30 seconds, achieving detection accuracy at medical-grade standards.
Organised by the Consumer Technology Association, CES is one of the world’s largest and most influential consumer electronics exhibitions, spotlighting cutting-edge technologies for modern living. This year, CES attracted over 4,500 exhibitors from around the globe. The PolyU startups participating in the exhibition were as follows:
| PolyU Startups | Featured Innovations | Company Representatives |
| AniMed Technology Limited | Contactless real-time AI-driven health monitoring | Dr LYU Weimin Co-founder and CEO, AniMed Technology Limited |
| CyanSE Smart Energy Tech Limited | AI-powered energy optimisation platforms for smart buildings | Ms Amber ZHANG Co-founder, CyanSE Smart Energy Tech Limited |
| DRESIO Limited | AI-powered physiotherapy assessments software solution | Mr Alexander YING CEO, DRESIO Limited |
| Eieling Technology Limited | FattaLab® Fatty Liver Diagnostic Device (CES 2026 Innovation Award) |
Prof. ZHENG Yongping Henry G. Leong Professor in Biomedical Engineering, Chair Professor of Biomedical Engineering, PolyU; Founder and Chief Scientist, Eieling Technology Limited |
| Entoptica Limited | Cutting-edge ophthalmic diagnostic technologies | Dr Mukhit KULMAGANBETOV Senior Research Fellow, InnoHK Centre for Eye and Vision Research; CEO, Entoptica Limited |
| Feelings Group Limited | AI-powered computer vision solution | Dr WONG Wing-sze Research Assistant Professor, Department of Language Science and Technology, PolyU; Clinical Consultant and Co-inventor, Feelings Group Limited Ms YIP Chi-hay |
| Gembody Limited | Next-generation portable AI ultrasound system | Ms MAO Qian CEO, Gembody Limited Dr YANG Fan CTO, Gembody Limited |
| ImageVector MedTech Limited | AI-Vision for Joint Degeneration
|
Dr JIANG Tianshu
Executive Director, ImageVector MedTech Limited |
| Immune Materials Limited | Innovative long-lasting antimicrobial self-disinfection materials | Prof. Chris LO Kwan-yu Professor, Department of Logistics and Maritime Studies, PolyU; Co-founder, Immune Materials Limited Prof. KAN Chi-wai |
| Innobound Limited | Portable smart terminal for emotional interaction, health monitoring and daily living assistance | Ms GAO Lan CEO and Founder, Innobound Limited |
| MedVision Limited | AI-powered medical imaging solution | Prof. CAI Jing Head and Professor, Department of Health Technology and Informatics, PolyU; Consultant, MedVision Limited Dr MA Zongrui |
| Mirror Caring Limited | Knee health management solution | Prof. Stephen WANG Jia Professor, School of Design, PolyU; Founder, Mirror Caring Limited |
| Nuvatech Limited | Next-Gen Fashion OS powered by Multi-modal AI | Mr DENG Yanheng Founder, Nuvatech Limited |
| On-Skin Wearable Technology Limited | Wearable Biomedical Electronic Device | Dr Rayman GONG Founder and CEO, On-Skin Wearable Technology Limited |
| ReSaTech Limited | AI solutions for product reliability | Mr Ricky LAW CEO, ReSaTech Limited |
| UbiquiTech Innovations Limited | Edge-AI robot for autonomous inspection and cleaning in confined spaces | Prof. CAO Jiannong Vice President (Education), Otto Poon Charitable Foundation Professor in Data Science, Chair Professor of Distributed and Mobile Computing, PolyU; Founder and Chief Scientist, UbiquiTech Innovations Limited Dr LIANG Zhixuan |
| Vcare Vision Technology Limited | Non-invasive myopia prevention solution | Dr TANG Yuk-ming Senior Lecturer, Department of Industrial and Systems Engineering, PolyU; Co-founder, Vcare Vision Technology Limited |
| Widemount Dynamics Tech Limited | Smart Firefighting Robot
(CES 2026 Best of Innovation Award) |
Mr WANG Meng PhD candidate, Building Environment and Energy Engineering, PolyU; Founder, Widemount Dynamics Tech Limited |
| XOXO Beverages Limited | Automated Cocktail Machine for improvements event and hospitality efficiency | Mr Nicholas YU Wo-ping Founder, XOXO Beverages Limited |
Hashtag: #PolyU
The issuer is solely responsible for the content of this announcement.
Media OutReach
Starlight Centre Launches New Program For Students with Autism Entering Mainstream Primary Schools.
Peer Modeling
Starlight Centre has provided specialised care services for children with high-functioning autism from primary 1 to 6 and have supported many students who are now ready to demonstrate positive behaviours from the programmes. Through peer modelling, younger students can observe and learn from their more experienced peers, helping them understand the acceptable boundaries of good behaviour.
RISE™
The Starlight RISE™ Primary School Readiness Program effectively prepares young children for formal education by developing their physical, social, emotional, and cognitive skills through engaging, play-based activities.
By actively involving parents in the process through comprehensive evaluations and strong partnerships, Starlight Centre aims to make parents feel valued and confident that their child’s development is being supported holistically, beyond just basic skills.
Hashtag: #AutismEducation #SpecialNeedsEducation #EarlyChildhoodEducation #ParentingSupport #StarlightCentre
The issuer is solely responsible for the content of this announcement.
About Starlight Centre
Starlight was founded by a group of parents and seasoned autism professionals who have experienced first-hand the challenges of finding the most effective therapy programs, preschools, and after-school care services. We understand what you’re going through and are here to help. No matter your child’s needs, come to us, and we will connect you with the right resources.
Media OutReach
Final Weeks to Visit UABBHK 2025 — Explore AI-Enhanced Architecture Before Exhibition Closes on 24 January
Reimagining Architecture as Civic Performance
Under the theme “TECHFORMANCE: Technology, Platform and Performance”, UABBHK 2025 explores how artificial intelligence (AI) is reshaping the architectural discipline — from static design to dynamic, participatory experience. Featuring over 25 exhibits across two venues, the Biennale brings together architects, designers, artists, and researchers to examine how emerging technologies such as generative design, robotics, immersive media, and machine learning are transforming authorship, spatial storytelling, and public engagement.
Exhibits Worth Revisiting
As the Biennale draws to a close, the curatorial team invites visitors to experience some of the most thought-provoking and visually striking works.
At Oi!, “Sanctum in the AI Age: Redefining the Human-Deities Nexus in Urban Future” by Jessica Kong and Nam Wu offers a compelling exploration of AI-generated shrine designs and spirituality in hyper-dense urban contexts. Nearby, “Island Totem” by Island Works presents a poetic memorial column using water, light, and soundscape to reflect on the overlooked histories and geographies of Hong Kong’s islands.
At EKCC, “Sentient Mirror – Genius Loci” by XCEPT invites visitors to contribute personal memories and emotional data which are transformed into a dynamic “memory-scape” of Hong Kong architecture. “Stone Synergy: AI-Driven Community Housing” by Olivia Chen proposes a design platform that empowers communities to co-create sustainable housing using local materials and machine learning. In “Collaborative Ephemeral Pavilion – Design with Technology”, Prof. Tris Kee and students from The Hong Kong Polytechnic University repurpose metal scaffolding into a community-built pavilion that shares local stories through interactive media. Meanwhile, “Computational BioPhilia: Culture-Nature Synthesis in Biomimicry Fabrication” by Patrick So, Bojia Xiao and Polly Heng presents a biodegradable architectural prototype that nurtures soil regeneration using AI and modular design, blending ecological restoration with digital fabrication.
Upcoming Programmes — Tech Sunday and Guided Tours
On 18 January 2026, UABBHK 2025 will host its final Tech Sunday at Oi!, featuring two sessions. The morning session, “Cultural Identity & Ritual in the AI-Enhanced Urban Realm”, includes presentations by Ashley Wong, Jessica Kong, and Vicky Lam, exploring informal shrines, afterlife economies, and AI-generated flower market futures. In the afternoon, “Craft, Algorithm, and Robotic Fabrication” brings together Kristof Crolla, Garvin Goepel, Su Chang, and others to discuss AI-enabled design and fabrication practices.
To complement the forums, free guided tours are available at both venues on 11 and 18 January. Prior registration is available at UABBHK 2025’s website.
Cross-Border Dialogue Continues in Shenzhen
Beyond the Hong Kong venues, UABBHK 2025 is also being showcased in the Shenzhen & Hong Kong Bi-city Biennale of Urbanism Architecture (Shenzhen) (UABBSZ), which has been opened on 31 December 2025, at the Hetao Science and Technology Innovation Center. Themed as “City Theater”, UABBSZ positions Shenzhen as a city of performative stage where architecture, technology, and civic life intersect. In Shenzhen, a symbolic tunnel portal installation of UABBHK 2025 is set, linking Shenzhen and Hong Kong as a gesture of spatial and curatorial continuity.
Exhibition and Admission Details of Hong Kong part of UABBHK 2025
- Venues:
- Oil Street Art Space (Oi!), 12 Oil Street, North Point
- East Kowloon Cultural Centre (EKCC), 60 Ngau Tau Kok Road, Kowloon
- Exhibition Period:
Now until 24 January 2026 - Admission:
Free - Link to free guided tours registration:
https://uabb2025.hkia.org.hk/en/programme
For updated schedules, programme registration, and more information, please visit UABBHK 2025’s website: https://uabb2025.hkia.org.hk/en. For detailed exhibitor list and installation descriptions, please refer to the appendix.Hashtag: #UABBHK
The issuer is solely responsible for the content of this announcement.
About The Hong Kong Institute of Architects Biennale Foundation
The Hong Kong Institute of Architects Biennale Foundation is a non-profit making organisation established and incorporated in 2014 for charitable purposes. The objects for which the Biennale Foundation is established are:
- To promote creativity and advance the understanding, appreciation and interest of architectural and design excellence
- To encourage cross-border and cross-disciplinary dialogue and collaboration among creative professionals from Hong Kong, other parts of the Greater China region and overseas
- To support art, design, architectural and cultural education for students and youth, the community, and policy makers
- To create a favourable environment for study, research and experimentation of design, art and architectural works in an exhibition scale
- To energise and revitalise specific sites of interests by introduction of cultural and creative events
About the Cultural and Creative Industries Development Agency
The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.
2025 Hong Kong & Shenzhen Bi-City Biennale of UrbanismArchitecture (Hong Kong)’s Disclaimer:
The Cultural and Creative Industries Development Agency of the Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.
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