Ahead of its debut, HudaBeauty is now the most popular beauty brand on the platform.
The brand has become popular in China and its first year, it has grown by 6 million subscribers.
But now, the brand has seen its revenue grow by 50% per month, to $1,9 million, and is still growing.
The beauty brand’s growth rate in China is so high because its content has become so popular.
For example, its YouTube channel has more than 3.5 million subscribers, according to China Daily.
Huda Beauty’s growth in China has been a long time coming.
Its company was founded in 2000, but its brand name has been around for more than 30 years.
The brand first started gaining traction when it started selling makeup and body care products in the mid-2000s.
Its popularity grew dramatically in China, as people became more aware of the beauty brand and the brand was able to attract more followers.
As a result, the company began selling cosmetics in 2016, and now has over 300 million followers on its social media platform, Sina Weibo.
Hudas popularity also depends on the amount of content it produces.
For example, the first year Huda launched, the number of videos on its YouTube page was only 20 million, but now, it is at almost 3.7 million, according in a survey of more than 2,000 people.
The company’s social media channel, SinaWeibo, has more subscribers than Twitter, Facebook, and YouTube combined.
This shows that its brand value has been growing at a rapid rate.
“The brand value of Huda is also growing, because it’s becoming more famous and it is gaining more followers,” said Zhang Jiehua, a media analyst at Shanghai-based CICCI.
“People have more and more trust in the brand.”
Huda is growing even faster in the United States, where it has already become the most visited beauty brand in the U.S. It has more followers than L’Oreal, Benefit and Sephora combined.
Huda’s YouTube channel now has more users than the Instagram app, Instagram’s primary app for uploading content.
“China has a very strong beauty market,” said Zhou Xiaozhong, a marketing strategist at Gavekal Capital, who studies the cosmetics industry in China.
“Its growing popularity has made Huda more popular than other brands, and it’s also becoming a major force in other parts of the world.”
The beauty industry in the country is dominated by one company, Hula Beauty, which was founded by a group of friends in 2003.
Since then, HUBA has expanded its brands into various categories, such as body care and beauty.
“Huda was the first beauty brand that really captured the public’s imagination,” said Liu Liqiang, a senior marketing consultant at Garena, a Chinese beauty consultancy.
“In a very short period of time, it became the first brand in China to have a lot of fans.”
Hudals growth rate is also a big factor in the company’s growth.HUBA started out with two products, and today, it sells a total of 20 products, according for Huda.
This includes products like foundation, body lotion, skin care, skincare, and skincore.HUDAS revenue per user is also huge, with the brand growing by more than 70% per year.
The company has also been able to grow its marketing budget to attract additional users and new customers.
“In the past, we used to focus on sales, and after Huda was founded, we’ve changed our focus to other channels,” said Zhu Yuzhong of Garene.
“We now see the beauty business as a real opportunity.”
While Huda has become the top-selling beauty brand for the first time in China since 2016, its growth in the last year has also slowed down.
In May, it announced it would be reducing the number and scale of its products.
But as of March, it was still expanding its products, as well as its revenue from branded content.
This has left Huda struggling to stay relevant in the beauty industry.
HUDA’s business model has changed over the years.
When it first started out, it made cosmetics exclusively for women, and the company was profitable, said Zhang.
“But after the market collapsed, they didn’t have any other products, so they had to close the doors.”
Today, Hudas revenue comes from a variety of channels, including online retail, which has been one of its biggest growth areas.
“It’s important for us to maintain the quality of our products, but we also want to grow revenue and brand value,” said Zhao.