No Public Data Available on Cross-Industry Member Conversion Rate After Kidswang's Acquisition of Siyu Haircare
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Based on results from multi-channel searches, no specific publicly disclosed data is currently available regarding the
- Kidswang Member Scale: As of the end of September 2025, Kidswang’s cumulative registered members exceed 97 million
- Siyu Haircare Member Scale: As of the end of 2024, Siyu Industrial’s member count exceeds 2 million
- Store Network: Siyu Industrial operates a total of 2,503 stores [0]
Official announcements and research reports all mention that the two parties will leverage synergies in the following areas:
- Member Operation Synergy
- Market Layout Synergy
- Channel Sharing Synergy
- Industry Synergy
- Business Format Expansion [1]
However, regarding specific
- Joint Member Growth Data
- Cross-Category Cross-Selling Ratio
- Two-Way Member Drainage Conversion Efficiency
and other key operational indicators, no specific figures have been disclosed in currently public financial reports, announcements, or research reports.
From a business logic perspective, there are certain differences between Kidswang’s maternal and child customer group and Siyu Haircare’s haircare service customer group:
- Kidswang’s core users are infants and children aged 0-14, as well as pregnant women
- Siyu Haircare’s main customer group is middle-aged and young adults
Therefore, the actual effect of cross-industry member conversion requires time to verify. It is expected that relevant data may be gradually disclosed in subsequent periodic reports or investor communication activities. It is recommended to pay attention to the company’s subsequent investor relations activities or periodic reports to obtain more detailed member synergy data.
[0] Sina Finance - Kidswang Acquires Siyu Haircare for RMB 1.65 Billion (June 18, 2025)
[1] Caifuhao - Kidswang Enters Performance Realization Period, Strength of Synergies Will Become a Value Divide (January 5, 2026)
Insights are generated using AI models and historical data for informational purposes only. They do not constitute investment advice or recommendations. Past performance is not indicative of future results.
About us: Ginlix AI is the AI Investment Copilot powered by real data, bridging advanced AI with professional financial databases to provide verifiable, truth-based answers. Please use the chat box below to ask any financial question.