Socialwire Co., Ltd. (TSE:3929) entered into an agreement to acquire YUYU Beauty Business in Myanmar from YUYU Holding Spte. Ltd. on April 20, 2020. Socialwire Co., Ltd. (TSE:3929) completed the acquisition of YUYU Beauty Business in Myanmar from YUYU Holding Spte. Ltd. on May 1, 2020. YUYU Beauty Business will operate as a subsidiary after the merger.