
China cosmetics brand Perfect Diary files for US IPO

Yatsen Holding, the parent company of Chinese cosmetics brand Perfect Diary has filed for a US IPO, potentially delivering a liquidity event for the likes of Hillhouse Capital, ZhenFund and Gaorong Capital.
The company has raised more than $700 million across six funding rounds. ZhenFund led the angel and Series A rounds with Gaorong joining the Series B. Hillhouse has been involved from Series C onwards...
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