SINGAPORE (Dec 5): Best World's ambition to corner 5% of China's RMB193 billion (S$29 billion) skincare market by 2020 is “ambitious”, says Maybank Kim Eng after a non-deal road show of the firm.

At present, the direct-selling skincare, health supplement & wellness product firm has less than 1% of the China market, but is looking to expand into more cities and tapping into digital and social media, the research house notes.

To achieve this ambitious goal, which requires sales growth of around...(click on link for full story on theedgesingapore.com)