Shanghai-based fashion and cosmetics information and e-commerce platform provider ZdFace has announced fiscal results for Q2 2009 ended June 31, with advertising revenues reaching RMB 10.26 mln, up 233% from RMB 3.07 mln in the first quarter of the previous year. ZdFace reported profits of RMB 5.62 mln for the quarter.
COO Liu Wenyang said ZdFace will secure strategic investors in the third quarter, and would not rule out the possibility of being acquired.
Editor's Note: ZdFace was established in 2007. The firm is headquartered in Shanghai, with the operations team, call center and logistics center located in Nanchang. ZdFace operates two websites, fashion and beauty new media portal Face (www.zdface.com) and cosmetics B2C e-commerce platform Show (www.mpshow.com.cn).