The wife of Liren Beauty founder Huang Tao, Weng Shuhua, is “looking for her husband” on Weibo. (Weng Shuhua’s microblog)
A fire broke out in the backyard of Liren Beauty, a well-known online cosmetic marketing and retail service provider on the mainland. The wife of the founder of Liren Beauty, Huang Tao, Weng Shuhua, took to the microblogging site to search for her husband, accusing him of not coming Home for several years and not caring about her sick children. The company’s stock price plunged 15% in two days, and its market value lost $2.3 billion.
On March 8, a microblogger named “Liren Beauty Weng Shuhua” released a long article, calling on Liren Beauty Chairman Huang Tao to fulfill his Family responsibilities. The user claimed to be Huang Tao’s wife, and her profile read “I am Weng Shuhua, Liren Beauty 001 employee”.
The user said, “Liren Beauty Huang Tao, if you see this microblogging, I hope your conscience can make you remember that you have a family, your home gives you everything, remember that you are a man with a wife and children, remember that you as a husband and father should do their duty.”
In the tweet, Weng Shuhua also retweeted Alibaba founder Jack Ma, Alibaba board chairman Zhang Yong, Get App founder Luo Zhenyu, and self-publisher Papi Sauce in an attempt to seek help, hoping to relay the content of the tweet to Huang Tao.
Weng Shuhua tweeted about the difficulties of the couple at the beginning of their business. More than a decade ago, the family is difficult, she is at home to take care of the sick Huang Tao, while running a Taobao store (which is now Liren Li makeup). Later, the company gradually took off, in order to better support Huang Tao, she was pregnant with October resolutely adhere to the post, the day before the birth of the hospital waiting for delivery.
When the children slowly entered school age, the burden of career and family became more heavy, Huang Tao repeatedly persuaded Weng Shuhua to be a full-Time wife. However, Huang Tao never came home at night these years.
(Screenshot)
Weng Shuhua said, “I can’t forget that time, late at night, the twins’ eldest daughter had a high fever of almost 40 degrees and couldn’t open her eyes, and then the youngest daughter also had a fever, I took care of two children at the same time, and couldn’t find friends to help. Continuous calls to Huang Tao’s phone did not return, weibo group various shouting Huang Tao, Huang Tao only perfunctory response a.”
The post also said, “All the good and promises are gradually becoming distant memories and empty cheques, your smiling face are given to others, your circle of Life are outside the home ……, the family’s living expenses you excuses to shirk, the children’s growing companionship you pretend to forget… …”
Affected by the negative news, Liren Beauty’s stock price plunged for two consecutive days, Wednesday (10) afternoon, the two-day cumulative decline of more than 15%, the market value of 2.3 billion yuan evaporated.
On March 10, the mainland “21st Century Business Herald” called Liren Beauty securities department, the staff said, “the chairman said he already knows about this matter”, “there is no response yet. “
The information shows that Liren Beauty is an online cosmetics marketing and retail service provider, founded in May 2010 and headquartered in Shanghai. Its business is highly dependent on Alibaba’s e-commerce platform, the company’s general manager and chairman are Huang Tao, holding 33.49% of shares; the second shareholder is Alibaba, holding 17.59% of shares. According to the current market value, Huang Tao’s personal value is more than 4 billion or so.
Liren Beauty in 2012 by Ali A round of financing; in 2015 by Ali and other B round of financing since the development period, successively signed L’Oreal, Amore, Henkel, Jialibao and other international groups, to become the domestic beauty industry’s leading e-commerce agency operations.
In April 2016, the 22 million shot the first patch ad of the then hot video blogger Papi Sauce, making Liren Beauty fame.
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