Thu. 21 Oct 2021, 8:31am ETBenzinga
In: News, Contracts

ECMOHO Limited (NASDAQ:MOHO) ("ECMOHO" or the "Company"), a leading integrated solutions provider in the health and wellness market in China, announced today that it has reached strategic cooperation agreement with the renowned U.S. vision care brand Bausch + Lomb to promote and sell its products and services on the Chinese e-commerce website Pinduoduo. Through the partnership, ECMOHO provide consumer and Chinese family with high-quality eye care products and family health solution to satisfy the rising demand for eye health.

Bausch + Lomb has been a leading vision care company for more than 160 years, and is a global innovation leader who sets the quality standards in this field. As the brand that introduced contact lenses to China, and as the first manufacturer to sell contact lens in China to have passed the ISO (International Organization for Standardization) medical device quality system certification, Bausch + Lomb has become synonymous with contact lenses. Bausch + Lomb has a rich product line, from transparent contact lenses, colored contact lenses, to contact lens care solutions, that fully meet the needs of consumers for achieving clearer vision and improvement in their quality of life.

Pinduoduo, as one of China's largest e-commerce platforms, has relied upon the concept of communication and sharing as the basis for its unique, new social e-commerce business. Through this cooperation between ECMOHO and Bausch + Lomb on the Pinduoduo platform, ECMOHO and Bausch + Lomb will be able to empower each other with the unique strength respectively. In the future, while bringing more diversified, affordable, and better eye health products to Chinese consumers, the cooperation will also allow brands and platforms to gain deeper operational and sales knowledge to better understand consumer health demands and needs.

Ms. Zoe Wang, Chairman and CEO of ECMOHO, commented: "As a leading online retail service provider in the field of healthcare and medical equipment in China, ECMOHO has been deeply involved in healthcare, medical equipment and other health-related industries since its establishment. International and domestic brands such as Puritan's Pride, Centrum, Caltrate, Harbin Pharmaceuticals, Johnson & Johnson, Sperry, Haier Biomedical, Abbott, Omron, and now Bausch + Lomb, have established in-depth strategic partnerships with ECMOHO, where our Company provides invaluable professional health content services, health key opinion leaders (KOL) and key opinion consumers (KOC) professional matrices, as well as, through continuous exploration, in-depth operation of new media and new traffic, which together helps to empower our partner brands' business growth in China."