L’Oreal Arm Set to Bolster Open Innovation

By • on May 13, 2022

The Star website reported that the L’Oreal Group has established its first investment company in China, a move highlighting China’s open innovation and signaling continued confidence in a market it has operated in for a quarter century. “This open innovation investment demonstrates our commitment to the Chinese market, and our determination to empower the Chinese innovation ecosystem and to accelerate its business application in China,” said chief financial officer Christophe Babule. ”

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