TOKYO/GUANGZHOU -- Yatsen Holding, the Chinese startup behind the fast-growing Perfect Diary cosmetic brand, owes its dizzying ascent to a laser focus on the social media generation.
Its three keys to success: speed, price and big data

Perfect Diary opened a physical location at this shopping center in Guangzhou, China. (Photo by Yusuke Hinata)
TOKYO/GUANGZHOU -- Yatsen Holding, the Chinese startup behind the fast-growing Perfect Diary cosmetic brand, owes its dizzying ascent to a laser focus on the social media generation.